Southern Copper Corporation (SCCO) Stock Split History

Southern Copper Corporation has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on October 03, 2006 with the ratio of 2-for-1, meaning that for 1 share of SCCO owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on May 07, 2024 on a 10-for-1 basis.

These splits have increased SCCO 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 Southern Copper Corporation's total market capitalization.

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

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