Farmers National Banc Corp. (FMNB) Stock Split History

Farmers National Banc Corp. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on October 16, 1996 with the ratio of 51-for-50, meaning that for 50 shares of FMNB owned pre-split, shareholders then owned 51 shares. 9 more splits have been implemented since then. The most recent stock split took place on November 09, 2004 on a 51-for-50 basis.

These splits have increased FMNB 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 National Banc Corp.'s total market capitalization.

For more detailed information of Farmers National Banc Corp.'s stock splits, view the table below:

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