Nisource Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 23, 1998 with the ratio of 2-for-1, meaning that for 1 share of NI owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on July 02, 2015 on a 2545-for-1000 basis.
These actions have increased NI 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 Nisource Inc's total market capitalization.
For more detailed information of Nisource Inc's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Nisource 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 NI stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Nisource Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
