20.70
price up icon2.12%   +0.43
after-market  After Hours:  20.64  -0.06   -0.29%
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Farmers & Merchants Bancorp Inc. (FMAO) Stock Split History

Farmers & Merchants Bancorp Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on July 22, 1996 with the ratio of 5-for-1, meaning that for 1 share of FMAO owned pre-split, shareholders then owned 5 shares. 2 more splits have been implemented since then. The most recent stock split took place on September 21, 2017 on a 2-for-1 basis.

These splits have increased FMAO 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 Farmers & Merchants Bancorp Inc.'s total market capitalization.

For more detailed information of Farmers & Merchants Bancorp Inc.'s stock splits, view the table below:

FMAO stock split list

Date Split Ratio
2017-09-21 2 - for - 1
2006-05-15 4 - for - 1
1996-07-22 5 - for - 1

Will Farmers & Merchants Bancorp Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Farmers & Merchants 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 FMAO stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Farmers & Merchants Bancorp Inc.'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
HDB 2019-09-26 2 - for - 1
IBN 2017-06-19 110 - for - 100
ITUB 2018-11-28 3 - for - 2
USB 1999-04-16 3 - for - 1
PNC 1992-11-16 2 - for - 1
TFC 1998-08-04 2 - for - 1
LYG 2009-05-06 51 - for - 50
BBD 2022-04-19 11 - for - 10
DB 1995-06-01 10 - for - 1
NWG 2022-08-30 13 - for - 14
MTB 2000-10-06 10 - for - 1
FITB 2000-07-17 3 - for - 2
KB 2001-12-26 17 - for - 16
HBAN 2000-07-12 11 - for - 10
RF 2004-07-01 16 - for - 13
SHG 2012-10-15 2 - for - 1
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