Heartland Financial USA, Inc. (HTLF) Stock Split History

Heartland Financial USA, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on April 01, 1996 with the ratio of 2-for-1, meaning that for 1 share of HTLF owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on December 30, 2003 on a 3-for-2 basis.

These splits have increased HTLF 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 Heartland Financial USA, Inc.'s total market capitalization.

For more detailed information of Heartland Financial USA, Inc.'s stock splits, view the table below:

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