Perrigo Company Plc has split its stock once since its initial public offering (IPO). The stock split of Perrigo Company Plc occurred on August 26, 1993 on a 2-for-1 basis, meaning that for 1 share of PRGO owned pre-split, shareholders then owned 2 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 Perrigo Company Plc's total market capitalization.
The answer will depend on the decisions of the company's managers and market volatility. Perrigo Company Plc 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 PRGO stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Perrigo Company Plc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
