Franklin Financial Services Corp (FRAF) Stock Split History

Franklin Financial Services Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 04, 1998 with the ratio of 3-for-2, meaning that for 2 shares of FRAF owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on June 29, 2004 on a 5-for-4 basis.

These actions have increased FRAF 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 change the number of shares and the price per share with no impact on Franklin Financial Services Corp's total market capitalization.

For more detailed information of Franklin Financial Services Corp's stock splits, view the table below:

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