Banner Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 06, 1998 with the ratio of 11-for-10, meaning that for 10 shares of BANR owned pre-split, shareholders then owned 11 shares. 2 more splits have been implemented since then. The most recent stock split took place on June 01, 2011 on a 1-for-7 basis.
These splits have increased BANR stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Banner Corp's total market capitalization.
For more detailed information of Banner Corp's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Banner Corp 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 BANR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Banner Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
