First Of Long Island Corp (FLIC) Stock Split History

First Of Long Island Corp has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on September 18, 1987 with the ratio of 3-for-2, meaning that for 2 shares of FLIC owned pre-split, shareholders then owned 3 shares. 9 more splits have been implemented since then. The most recent stock split took place on November 29, 2016 on a 3-for-2 basis.

These splits have increased FLIC 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 First Of Long Island Corp's total market capitalization.

For more detailed information of First Of Long Island Corp's stock splits, view the table below:

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