7.03
price up icon6.84%   0.45
after-market After Hours: 7.08 0.05 +0.71%
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Mbia Inc (MBI) Stock Split History

Mbia Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 30, 1997 with the ratio of 2-for-1, meaning that for 1 share of MBI owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on April 23, 2001 on a 3-for-2 basis.

These actions have increased MBI 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 change the number of shares and the price per share with no impact on Mbia Inc's total market capitalization.

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

MBI stock split list

Date Split Ratio
2001-04-23 3 - for - 2
1997-10-30 2 - for - 1

Will Mbia Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Mbia 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 MBI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Mbia Inc'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
FNF 2003-05-27 9 - for - 4
MTG 1997-06-03 2 - for - 1
RDN 2001-06-21 2 - for - 1
TIPT 2010-09-14 3 - for - 2
HIPO 2022-09-30 1 - for - 25
AMBC 2008-01-11 1 - for - 100
ITIC 1987-09-16 2 - for - 1
MBI 2001-04-23 3 - for - 2
JRVR 2004-11-22 1 - for - 1000
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insurance_specialty AGO
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insurance_specialty RDN
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insurance_specialty ACT
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insurance_specialty MTG
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