Sumitomo Mitsui Financial Group Inc ADR (SMFG) Stock Split History

Sumitomo Mitsui Financial Group Inc ADR has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 18, 2001 with the ratio of 10-for-1, meaning that for 1 share of SMFG owned pre-split, shareholders then owned 10 shares. The most recent stock split took place on November 01, 2010 on a 1-for-2 basis.

These actions have increased SMFG 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 Sumitomo Mitsui Financial Group Inc ADR's total market capitalization.

For more detailed information of Sumitomo Mitsui Financial Group Inc ADR's stock splits, view the table below:

SMFG stock split list

Date	Split Ratio
2010-11-01	1 - for - 2
2001-04-18	10 - for - 1

Will Sumitomo Mitsui Financial Group Inc ADR Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Sumitomo Mitsui Financial Group Inc 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 SMFG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Sumitomo Mitsui Financial Group Inc ADR'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
JPM	2000-06-12	3 - for - 2
BAC	2004-08-30	2 - for - 1
WFC	2006-08-14	2 - for - 1
HSBC	2020-02-27	33 - for - 32
RY	2006-04-07	2 - for - 1
MUFG	1996-03-26	21 - for - 20
C	2011-05-09	1 - for - 10
TD	2014-02-03	2 - for - 1
UBS	2006-07-10	2 - for - 1
SMFG	2010-11-01	1 - for - 2
SAN	2020-11-12	26 - for - 25
BMO	2024-03-25	1 - for - 10
BBVA	2017-03-31	55 - for - 54
BNS	2004-04-29	2 - for - 1
ING	2001-07-13	2 - for - 1
CM	2022-05-16	2 - for - 1
BCS	2002-05-06	4 - for - 1
NTB	2016-09-06	1 - for - 10