loading

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:

ERIC stock split list

Date Split Ratio
2008-06-10 2 - for - 1
2002-10-23 1 - for - 10
2000-05-08 4 - for - 1
1998-05-22 2 - for - 1
1995-06-16 4 - for - 1
1990-09-20 5 - for - 1

Will Telefonaktiebolaget L M Ericsson Adr Stock Split in 2024?

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.

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
CSCO 2000-03-23 2 - for - 1
MSI 2011-01-04 1 - for - 7
ERIC 2008-06-10 2 - for - 1
NOK 2000-04-11 4 - for - 1
ZBRA 2004-08-26 3 - for - 2
JNPR 2000-06-16 2 - for - 1
CIEN 2006-09-25 1 - for - 7
BDC 2004-07-16 1 - for - 2
VSAT 2000-09-01 2 - for - 1
EXTR 2000-08-25 2 - for - 1
VIAV 2006-10-17 1 - for - 8
HLIT 1999-10-15 2 - for - 1
communication_equipment NOK
$3.745
price up icon 2.47%
communication_equipment HPE
$20.61
price up icon 0.66%
$326.31
price up icon 1.48%
$37.20
price down icon 0.25%
communication_equipment UI
$168.32
price up icon 1.90%
Cap:     |  Volume (24h):