Old National Bancorp (ONB) Stock Split History

Old National Bancorp has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on January 06, 1997 with the ratio of 21-for-20, meaning that for 20 shares of ONB owned pre-split, shareholders then owned 21 shares. 9 more splits have been implemented since then. The most recent stock split took place on January 03, 2005 on a 21-for-20 basis.

These splits have increased ONB 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 Old National Bancorp's total market capitalization.

For more detailed information of Old National Bancorp's stock splits, view the table below:

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