Lakeland Bancorp, Inc. (LBAI) Stock Split History

Lakeland Bancorp, Inc. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on October 02, 1998 with the ratio of 2-for-1, meaning that for 1 share of LBAI owned pre-split, shareholders then owned 2 shares. 9 more splits have been implemented since then. The most recent stock split took place on May 30, 2014 on a 105-for-100 basis.

These splits have increased LBAI 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 Lakeland Bancorp, Inc.'s total market capitalization.

For more detailed information of Lakeland Bancorp, Inc.'s stock splits, view the table below:

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