52.17
price up icon1.93%   +0.99
after-market  After Hours:  52.17 
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Independent Bank Corp. (INDB) Stock Split History

Independent Bank Corp. has split its stock once since its initial public offering (IPO). The stock split of Independent Bank Corp. occurred on October 01, 1987 on a 3-for-2 basis, meaning that for 2 shares of INDB 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 Independent Bank Corp.'s total market capitalization.

INDB stock split list

Date Split Ratio
1987-10-01 3 - for - 2

Will Independent Bank Corp. Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
HDB 2019-09-26 2 - for - 1
IBN 2017-06-19 110 - for - 100
ITUB 2018-11-28 3 - for - 2
USB 1999-04-16 3 - for - 1
PNC 1992-11-16 2 - for - 1
TFC 1998-08-04 2 - for - 1
LYG 2009-05-06 51 - for - 50
BBD 2022-04-19 11 - for - 10
NWG 2022-08-30 13 - for - 14
DB 1995-06-01 10 - for - 1
FITB 2000-07-17 3 - for - 2
MTB 2000-10-06 10 - for - 1
HBAN 2000-07-12 11 - for - 10
KB 2001-12-26 17 - for - 16
RF 2004-07-01 16 - for - 13
SHG 2012-10-15 2 - for - 1
banks_regional LYG
$2.34
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$5.70
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banks_regional TFC
$34.98
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banks_regional MFG
$3.76
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banks_regional NU
$11.08
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banks_regional PNC
$147.20
price up icon 1.04%
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