Lilly(Eli) & Co (LLY) Stock Split History

Lilly(Eli) & Co has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on November 08, 1971 with the ratio of 2-for-1, meaning that for 1 share of LLY owned pre-split, shareholders then owned 2 shares. 4 more splits have been implemented since then. The most recent stock split took place on October 16, 1997 on a 2-for-1 basis.

These splits have increased LLY 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 Lilly(Eli) & Co's total market capitalization.

For more detailed information of Lilly(Eli) & Co's stock splits, view the table below:

LLY stock split list

Date	Split Ratio
1997-10-16	2 - for - 1
1995-12-21	2 - for - 1
1989-05-01	2 - for - 1
1986-01-30	2 - for - 1
1971-11-08	2 - for - 1

Will Lilly(Eli) & Co Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Lilly(Eli) & Co 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 LLY stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Lilly(Eli) & Co'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
LLY	1997-10-16	2 - for - 1
JNJ	2001-06-13	2 - for - 1
MRK	1999-02-17	2 - for - 1
AZN	2015-07-27	2 - for - 1
NVS	2000-05-11	2 - for - 1
AMGN	1999-11-22	2 - for - 1
PFE	1999-07-01	3 - for - 1
BMY	1999-03-01	2 - for - 1
GSK	2022-07-22	4 - for - 5
GILD	2013-01-28	2 - for - 1
BIIB	2001-01-18	3 - for - 1
GRFS	2016-01-04	2 - for - 1
AMRN	2008-01-18	1 - for - 10
SCLX	2010-05-07	1 - for - 10