New Jersey Resources Corporation (NJR) Stock Split History

New Jersey Resources Corporation has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on October 30, 1980 with the ratio of 103-for-100, meaning that for 100 shares of NJR owned pre-split, shareholders then owned 103 shares. 4 more splits have been implemented since then. The most recent stock split took place on March 04, 2015 on a 2-for-1 basis.

These splits have increased NJR 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 New Jersey Resources Corporation's total market capitalization.

For more detailed information of New Jersey Resources Corporation's stock splits, view the table below:

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