Scully Royalty Ltd (SRL) Stock Split History

Scully Royalty Ltd has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on August 29, 1990 with the ratio of 5-for-1, meaning that for 1 share of SRL owned pre-split, shareholders then owned 5 shares. 6 more splits have been implemented since then. The most recent stock split took place on November 12, 2021 on a 108-for-100 basis.

These splits have increased SRL 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 Scully Royalty Ltd's total market capitalization.

For more detailed information of Scully Royalty Ltd's stock splits, view the table below:

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