Coeur Mining Inc has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on December 17, 1979 with the ratio of 102-for-100, meaning that for 100 shares of CDE owned pre-split, shareholders then owned 102 shares. 6 more splits have been implemented since then. The most recent stock split took place on May 27, 2009 on a 1-for-10 basis.
These splits have increased CDE 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 Coeur Mining Inc's total market capitalization.
For more detailed information of Coeur Mining Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Coeur Mining 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 CDE stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Coeur Mining Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
