Cia Paranaense De Energia Copel ADR (ELP) Stock Split History

Cia Paranaense De Energia Copel ADR has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on March 18, 2021 with the ratio of 10-for-1, meaning that for 1 share of ELP owned pre-split, shareholders then owned 10 shares. 2 more splits have been implemented since then. The most recent stock split took place on December 29, 2023 on a 5-for-4 basis.

These splits have increased ELP 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 Cia Paranaense De Energia Copel ADR's total market capitalization.

For more detailed information of Cia Paranaense De Energia Copel ADR's stock splits, view the table below:

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