Sonoco Products Co. (SON) Stock Split History

Sonoco Products Co. has split its stock 9 times since its initial public offering (IPO). The first stock split occurred on March 28, 1973 with the ratio of 2-for-1, meaning that for 1 share of SON owned pre-split, shareholders then owned 2 shares. 8 more splits have been implemented since then. The most recent stock split took place on May 13, 1998 on a 11-for-10 basis.

These splits have increased SON 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 Sonoco Products Co.'s total market capitalization.

For more detailed information of Sonoco Products Co.'s stock splits, view the table below:

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