Security National Financial Corp. (SNFCA) Stock Split History

Security National Financial Corp. has split its stock 13 times since its initial public offering (IPO). The first stock split occurred on January 13, 2003 with the ratio of 21-for-20, meaning that for 20 shares of SNFCA owned pre-split, shareholders then owned 21 shares. 12 more splits have been implemented since then. The most recent stock split took place on July 06, 2023 on a 105-for-100 basis.

These splits have increased SNFCA 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 Security National Financial Corp.'s total market capitalization.

For more detailed information of Security National Financial Corp.'s stock splits, view the table below:

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