Flexshares Core Select Bond Fund (BNDC) Stock Split History

Flexshares Core Select Bond Fund has split its stock once since its initial public offering (IPO). The stock split of Flexshares Core Select Bond Fund occurred on November 21, 2003 on a 2-for-1 basis, meaning that for 1 share of BNDC owned pre-split, shareholders then owned 2 shares.

This action has increased the 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 changes the number of shares and the price per share with no impact on Flexshares Core Select Bond Fund's total market capitalization.

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