SITE Centers Corp (SITC) Stock Split History

SITE Centers Corp has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on August 04, 1998 with the ratio of 2-for-1, meaning that for 1 share of SITC 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 21, 2018 on a 1-for-2 basis.

These splits have increased SITC 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 SITE Centers Corp's total market capitalization.

For more detailed information of SITE Centers Corp's stock splits, view the table below:

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