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Old Second Bancorporation Inc. (OSBC) Stock Split History

Old Second Bancorporation Inc. has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on June 18, 1996 with the ratio of 5-for-4, meaning that for 4 shares of OSBC owned pre-split, shareholders then owned 5 shares. 3 more splits have been implemented since then. The most recent stock split took place on July 29, 2004 on a 2-for-1 basis.

These splits have increased OSBC 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 Second Bancorporation Inc.'s total market capitalization.

For more detailed information of Old Second Bancorporation Inc.'s stock splits, view the table below:

OSBC stock split list

Date Split Ratio
2004-07-29 2 - for - 1
2002-06-25 4 - for - 3
1999-05-18 2 - for - 1
1996-06-18 5 - for - 4

Will Old Second Bancorporation Inc. Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
HDB 2019-09-26 2 - for - 1
IBN 2017-06-19 110 - for - 100
USB 1999-04-16 3 - for - 1
ITUB 2018-11-28 3 - for - 2
PNC 1992-11-16 2 - for - 1
TFC 1998-08-04 2 - for - 1
LYG 2009-05-06 51 - for - 50
NWG 2022-08-30 13 - for - 14
DB 1995-06-01 10 - for - 1
BBD 2022-04-19 11 - for - 10
FITB 2000-07-17 3 - for - 2
MTB 2000-10-06 10 - for - 1
KB 2001-12-26 17 - for - 16
HBAN 2000-07-12 11 - for - 10
RF 2004-07-01 16 - for - 13
SHG 2012-10-15 2 - for - 1
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