First United Corporation (FUNC) Stock Split History

First United Corporation has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 16, 1993 with the ratio of 2-for-1, meaning that for 1 share of FUNC owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on March 13, 1996 on a 21-for-20 basis.

These splits have increased FUNC 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 United Corporation's total market capitalization.

For more detailed information of First United Corporation's stock splits, view the table below:

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