14.17
2.28%
-0.33
After Hours:
14.06
-0.11
-0.78%
Meridian Corp (MRBK) Stock Split History
Meridian Corp has split its stock once since its initial public offering (IPO). The stock split of Meridian Corp occurred on March 21, 2023 on a 2-for-1 basis, meaning that for 1 share of MRBK owned pre-split, shareholders then owned 2 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 Meridian Corp's total market capitalization.
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 Meridian Corp's total market capitalization.
MRBK stock split list
Date | Split Ratio |
---|---|
2023-03-21 | 2 - for - 1 |
Will Meridian Corp Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Meridian 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 MRBK stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Meridian 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 |
PNC | 1992-11-16 | 2 - for - 1 |
USB | 1999-04-16 | 3 - for - 1 |
TFC | 1998-08-04 | 2 - for - 1 |
ITUB | 2018-11-28 | 3 - for - 2 |
NWG | 2022-08-30 | 13 - for - 14 |
LYG | 2009-05-06 | 51 - for - 50 |
DB | 1995-06-01 | 10 - for - 1 |
MTB | 2000-10-06 | 10 - for - 1 |
FITB | 2000-07-17 | 3 - for - 2 |
HBAN | 2000-07-12 | 11 - for - 10 |
KB | 2001-12-26 | 17 - for - 16 |
RF | 2004-07-01 | 16 - for - 13 |
BBD | 2022-04-19 | 11 - for - 10 |
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