Sei Investments Co has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on February 23, 1983 with the ratio of 2-for-1, meaning that for 1 share of SEIC owned pre-split, shareholders then owned 2 shares. 5 more splits have been implemented since then. The most recent stock split took place on June 22, 2007 on a 2-for-1 basis.
These splits have increased SEIC 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 Sei Investments Co's total market capitalization.
For more detailed information of Sei Investments Co's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Sei Investments Co 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 SEIC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Sei Investments Co's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
