Braskem S A Adr (BAK) Stock Split History

Braskem S A Adr has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 15, 1987 with the ratio of 1-for-100, meaning that for 100 shares of BAK owned pre-split, shareholders then owned 1 share. The most recent stock split took place on May 16, 2005 on a 2-for-1 basis.

These actions have increased BAK stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Braskem S A Adr's total market capitalization.

For more detailed information of Braskem S A Adr's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Braskem S A Adr has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when BAK stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Braskem S A Adr's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.