Electro-Sensors, Inc. (ELSE) Stock Split History

Electro-Sensors, Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 18, 1988 with the ratio of 3-for-2, meaning that for 2 shares of ELSE owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on February 27, 2001 on a 3-for-2 basis.

These actions have increased ELSE 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 change the number of shares and the price per share with no impact on Electro-Sensors, Inc.'s total market capitalization.

For more detailed information of Electro-Sensors, Inc.'s stock splits, view the table below:

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