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Enbridge Inc (ENB) Stock Split History
Enbridge Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on May 13, 1991 with the ratio of 18-for-11, meaning that for 11 shares of ENB owned pre-split, shareholders then owned 18 shares. 3 more splits have been implemented since then. The most recent stock split took place on June 01, 2011 on a 2-for-1 basis.
These splits have increased ENB 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 Enbridge Inc's total market capitalization.
For more detailed information of Enbridge Inc's stock splits, view the table below:
These splits have increased ENB 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 Enbridge Inc's total market capitalization.
For more detailed information of Enbridge Inc's stock splits, view the table below:
ENB stock split list
Date | Split Ratio |
---|---|
2011-06-01 | 2 - for - 1 |
2005-05-31 | 2 - for - 1 |
1999-05-06 | 2 - for - 1 |
1991-05-13 | 18 - for - 11 |
Will Enbridge Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Enbridge 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 ENB stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Enbridge Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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