Microchip Technology Inc (MCHP) Stock Split History

Microchip Technology Inc has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on September 14, 1993 with the ratio of 2-for-1, meaning that for 1 share of MCHP owned pre-split, shareholders then owned 2 shares. 7 more splits have been implemented since then. The most recent stock split took place on October 13, 2021 on a 2-for-1 basis.

These splits have increased MCHP 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 Microchip Technology Inc's total market capitalization.

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

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