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Shore Bancshares Inc. (SHBI) Stock Split History

Shore Bancshares Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 01, 1998 with the ratio of 2-for-1, meaning that for 1 share of SHBI owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on June 06, 2006 on a 3-for-2 basis.

These actions have increased SHBI 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 Shore Bancshares Inc.'s total market capitalization.

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

SHBI stock split list

Date Split Ratio
2006-06-06 3 - for - 2
1998-04-01 2 - for - 1

Will Shore Bancshares Inc. Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol Latest Split Date Split Ratio
HDB 2019-09-26 2 - for - 1
IBN 2017-06-19 110 - for - 100
ITUB 2018-11-28 3 - for - 2
USB 1999-04-16 3 - for - 1
PNC 1992-11-16 2 - for - 1
TFC 1998-08-04 2 - for - 1
LYG 2009-05-06 51 - for - 50
BBD 2022-04-19 11 - for - 10
DB 1995-06-01 10 - for - 1
NWG 2022-08-30 13 - for - 14
MTB 2000-10-06 10 - for - 1
FITB 2000-07-17 3 - for - 2
KB 2001-12-26 17 - for - 16
HBAN 2000-07-12 11 - for - 10
RF 2004-07-01 16 - for - 13
SHG 2012-10-15 2 - for - 1
banks_regional LYG
$2.26
price down icon 0.88%
$5.66
price down icon 2.08%
banks_regional MFG
$3.70
price up icon 0.27%
banks_regional TFC
$35.24
price down icon 1.12%
banks_regional NU
$10.22
price down icon 1.35%
banks_regional PNC
$146.12
price up icon 0.50%
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