Evans Bancorp Inc (EVBN) Stock Split History

Evans Bancorp Inc has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on May 01, 1997 with the ratio of 5-for-1, meaning that for 1 share of EVBN owned pre-split, shareholders then owned 5 shares. 4 more splits have been implemented since then. The most recent stock split took place on November 10, 2005 on a 21-for-20 basis.

These splits have increased EVBN 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 Evans Bancorp Inc's total market capitalization.

For more detailed information of Evans Bancorp Inc's stock splits, view the table below:

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