Stock Yards Bancorp Inc (SYBT) Stock Split History

Stock Yards Bancorp Inc has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on October 08, 1993 with the ratio of 11-for-10, meaning that for 10 shares of SYBT owned pre-split, shareholders then owned 11 shares. 6 more splits have been implemented since then. The most recent stock split took place on May 31, 2016 on a 3-for-2 basis.

These splits have increased SYBT 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 Stock Yards Bancorp Inc's total market capitalization.

For more detailed information of Stock Yards Bancorp Inc's stock splits, view the table below:

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