Tanger Factory Outlet Centers, Inc. (SKT) Stock Split History

Tanger Factory Outlet Centers, Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on December 29, 2004 with the ratio of 2-for-1, meaning that for 1 share of SKT owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on January 25, 2011 on a 2-for-1 basis.

These actions have increased SKT 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 Tanger Factory Outlet Centers, Inc.'s total market capitalization.

For more detailed information of Tanger Factory Outlet Centers, Inc.'s stock splits, view the table below:

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