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Open Text Corp (OTEX) Stock Split History

Open Text Corp has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on October 29, 2003 with the ratio of 2-for-1, meaning that for 1 share of OTEX owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on January 25, 2017 on a 2-for-1 basis.

These splits have increased OTEX 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 Open Text Corp's total market capitalization.

For more detailed information of Open Text Corp's stock splits, view the table below:

OTEX stock split list

Date Split Ratio
2017-01-25 2 - for - 1
2014-02-19 2 - for - 1
2003-10-29 2 - for - 1

Will Open Text Corp Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Open Text Corp 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 OTEX stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Open Text Corp'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
CRM 2013-04-18 4 - for - 1
SAP 1998-07-28 4 - for - 1
INTU 2006-07-07 2 - for - 1
SHOP 2022-06-29 10 - for - 1
PANW 2022-09-14 3 - for - 1
CDNS 1997-11-17 2 - for - 1
ADSK 2004-12-21 2 - for - 1
TTD 2021-06-17 10 - for - 1
FICO 2004-03-11 3 - for - 2
ANSS 2007-06-05 2 - for - 1
PTC 2006-02-28 2 - for - 5
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