Brown & Brown, Inc. (BRO) Stock Split History

Brown & Brown, Inc. has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on March 24, 1983 with the ratio of 3-for-2, meaning that for 2 shares of BRO owned pre-split, shareholders then owned 3 shares. 7 more splits have been implemented since then. The most recent stock split took place on March 29, 2018 on a 2-for-1 basis.

These splits have increased BRO 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 Brown & Brown, Inc.'s total market capitalization.

For more detailed information of Brown & Brown, Inc.'s stock splits, view the table below:

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