Telefonica S.A ADR (TEF) Stock Split History

Telefonica S.A ADR has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on July 27, 1999 with the ratio of 3-for-1, meaning that for 1 share of TEF owned pre-split, shareholders then owned 3 shares. 9 more splits have been implemented since then. The most recent stock split took place on January 21, 2011 on a 3-for-1 basis.

These splits have increased TEF 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 Telefonica S.A ADR's total market capitalization.

For more detailed information of Telefonica S.A ADR's stock splits, view the table below:

TEF stock split list

Date	Split Ratio
2011-01-21	3 - for - 1
2005-06-16	26 - for - 25
2003-03-06	51 - for - 50
2003-01-23	51 - for - 50
2002-03-19	51 - for - 50
2002-01-22	51 - for - 50
2001-03-01	51 - for - 50
2001-01-02	51 - for - 50
1999-11-02	51 - for - 50
1999-07-27	3 - for - 1

Will Telefonica S.A ADR Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
TMUS	2013-05-01	1 - for - 2
VZ	1998-06-30	2 - for - 1
CMCSA	2017-02-21	2 - for - 1
T	2022-04-11	1000 - for - 1324
AMX	2011-07-01	2 - for - 1
CHTR	2016-05-18	47 - for - 52
BCE	2006-07-11	43 - for - 47
CHT	2011-01-07	4 - for - 5
TEF	2011-01-21	3 - for - 1
TU	2020-03-18	2 - for - 1
VOD	2014-02-24	6 - for - 11
RCI	2007-01-08	2 - for - 1
TLK	2016-10-26	2 - for - 1
SKM	2021-11-30	17 - for - 28
LBTYK	2016-06-21	28 - for - 25