Companhia Siderurgica Nacional ADR (SID) Stock Split History

Companhia Siderurgica Nacional ADR has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 10, 2004 with the ratio of 4-for-1, meaning that for 1 share of SID owned pre-split, shareholders then owned 4 shares. 2 more splits have been implemented since then. The most recent stock split took place on April 07, 2010 on a 2-for-1 basis.

These splits have increased SID 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 Companhia Siderurgica Nacional ADR's total market capitalization.

For more detailed information of Companhia Siderurgica Nacional ADR's stock splits, view the table below:

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