Banco Santander Chile Sa Adr (BSAC) Stock Split History

Banco Santander Chile Sa Adr has split its stock once since its initial public offering (IPO). The stock split of Banco Santander Chile Sa Adr occurred on October 22, 2012 on a 13-for-5 basis, meaning that for 5 shares of BSAC owned pre-split, shareholders then owned 13 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 Banco Santander Chile Sa Adr's total market capitalization.

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