118.93
3.32%
+3.82
After Hours:
118.93
Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) Stock Split History
Fomento Economico Mexicano S.A.B. de C.V. ADR has split its stock once since its initial public offering (IPO). The stock split of Fomento Economico Mexicano S.A.B. de C.V. ADR occurred on May 31, 2007 on a 3-for-1 basis, meaning that for 1 share of FMX owned pre-split, shareholders then owned 3 shares.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Fomento Economico Mexicano S.A.B. de C.V. ADR's total market capitalization.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Fomento Economico Mexicano S.A.B. de C.V. ADR's total market capitalization.
FMX stock split list
Date | Split Ratio |
---|---|
2007-05-31 | 3 - for - 1 |
Will Fomento Economico Mexicano S.A.B. de C.V. ADR Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Fomento Economico Mexicano S.A.B. de C.V. ADR 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 FMX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Fomento Economico Mexicano S.A.B. de C.V. ADR's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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