57.49
0.74%
-0.43
After Hours:
57.49
Scorpio Tankers Inc (STNG) Stock Split History
Scorpio Tankers Inc has split its stock once since its initial public offering (IPO). The stock split of Scorpio Tankers Inc occurred on January 18, 2019 on a 1-for-10 basis, meaning that for 10 shares of STNG owned pre-split, shareholders then owned 1 share.
This action has increased the 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 changes the number of shares and the price per share with no impact on Scorpio Tankers Inc's total market capitalization.
This action has increased the 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 changes the number of shares and the price per share with no impact on Scorpio Tankers Inc's total market capitalization.
STNG stock split list
Date | Split Ratio |
---|---|
2019-01-18 | 1 - for - 10 |
Will Scorpio Tankers Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Scorpio Tankers Inc 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 STNG stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Scorpio Tankers Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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