First Mid Bancshares Inc. (FMBH) Stock Split History

First Mid Bancshares Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on November 19, 2001 with the ratio of 3-for-2, meaning that for 2 shares of FMBH owned pre-split, shareholders then owned 3 shares. 2 more splits have been implemented since then. The most recent stock split took place on July 02, 2007 on a 3-for-2 basis.

These splits have increased FMBH 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 Mid Bancshares Inc.'s total market capitalization.

For more detailed information of First Mid Bancshares Inc.'s stock splits, view the table below:

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