Enterprise Products Partners L P has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 16, 2002 with the ratio of 2-for-1, meaning that for 1 share of EPD owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on August 22, 2014 on a 2-for-1 basis.
These actions have increased EPD 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 Enterprise Products Partners L P's total market capitalization.
For more detailed information of Enterprise Products Partners L P's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Enterprise Products Partners L P 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 EPD stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Enterprise Products Partners L P's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
