Southside Bancshares Inc (SBSI) Stock Split History

Southside Bancshares Inc has split its stock 12 times since its initial public offering (IPO). The first stock split occurred on August 31, 2004 with the ratio of 105-for-100, meaning that for 100 shares of SBSI owned pre-split, shareholders then owned 105 shares. 11 more splits have been implemented since then. The most recent stock split took place on May 25, 2017 on a 51-for-50 basis.

These splits have increased SBSI 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 Southside Bancshares Inc's total market capitalization.

For more detailed information of Southside Bancshares Inc's stock splits, view the table below:

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