Bank Of Nova Scotia (BNS) Stock Split History

Bank Of Nova Scotia has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 10, 1998 with the ratio of 2-for-1, meaning that for 1 share of BNS owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on April 29, 2004 on a 2-for-1 basis.

These actions have increased BNS 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 Bank Of Nova Scotia's total market capitalization.

For more detailed information of Bank Of Nova Scotia's stock splits, view the table below:

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