Brookline Bancorp Inc (BRKL) Stock Split History

Brookline Bancorp Inc has split its stock once since its initial public offering (IPO). The stock split of Brookline Bancorp Inc occurred on July 10, 2002 on a 35-for-16 basis, meaning that for 16 shares of BRKL owned pre-split, shareholders then owned 35 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 Brookline Bancorp Inc's total market capitalization.

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