Franklin Electric Co., Inc. (FELE) Stock Split History

Franklin Electric Co., Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on March 25, 2002 with the ratio of 2-for-1, meaning that for 1 share of FELE owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on March 19, 2013 on a 2-for-1 basis.

These splits have increased FELE 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 Franklin Electric Co., Inc.'s total market capitalization.

For more detailed information of Franklin Electric Co., Inc.'s stock splits, view the table below:

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