Franklin Resources Inc (BEN) Stock Split History

Franklin Resources Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on April 16, 1984 with the ratio of 5-for-4, meaning that for 4 shares of BEN owned pre-split, shareholders then owned 5 shares. 9 more splits have been implemented since then. The most recent stock split took place on July 26, 2013 on a 3-for-1 basis.

These splits have increased BEN 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 Franklin Resources Inc's total market capitalization.

For more detailed information of Franklin Resources Inc's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Franklin Resources Inc 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 BEN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Franklin Resources Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.