Smith & Nephew plc ADR (SNN) Stock Split History

Smith & Nephew plc ADR has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 07, 2000 with the ratio of 9-for-11, meaning that for 11 shares of SNN owned pre-split, shareholders then owned 9 shares. 2 more splits have been implemented since then. The most recent stock split took place on October 15, 2014 on a 5-for-2 basis.

These splits have increased SNN 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 Smith & Nephew plc ADR's total market capitalization.

For more detailed information of Smith & Nephew plc ADR's stock splits, view the table below:

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