Otter Tail Corporation (OTTR) Stock Split History

Otter Tail Corporation has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 16, 1988 with the ratio of 2-for-1, meaning that for 1 share of OTTR owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on March 16, 2000 on a 2-for-1 basis.

These actions have increased OTTR 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 Otter Tail Corporation's total market capitalization.

For more detailed information of Otter Tail Corporation's stock splits, view the table below:

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