Telefonaktiebolaget L M Ericsson ADR (ERIC) Stock Split History

Telefonaktiebolaget L M Ericsson ADR has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on September 20, 1990 with the ratio of 5-for-1, meaning that for 1 share of ERIC owned pre-split, shareholders then owned 5 shares. 5 more splits have been implemented since then. The most recent stock split took place on June 10, 2008 on a 2-for-1 basis.

These splits have increased ERIC 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 Telefonaktiebolaget L M Ericsson ADR's total market capitalization.

For more detailed information of Telefonaktiebolaget L M Ericsson ADR's stock splits, view the table below:

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