SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) Stock Split History

SPDR MSCI ACWI Climate Paris Aligned ETF has split its stock once since its initial public offering (IPO). The stock split of SPDR MSCI ACWI Climate Paris Aligned ETF occurred on April 22, 2022 on a 4-for-1 basis, meaning that for 1 share of NZAC owned pre-split, shareholders then owned 4 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 SPDR MSCI ACWI Climate Paris Aligned ETF's total market capitalization.

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