Natural Resource Partners LP (NRP) Stock Split History

Natural Resource Partners LP has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 19, 2007 with the ratio of 2-for-1, meaning that for 1 share of NRP owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on February 18, 2016 on a 1-for-10 basis.

These actions have increased NRP 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 Natural Resource Partners LP's total market capitalization.

For more detailed information of Natural Resource Partners LP's stock splits, view the table below:

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