43.78
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after-market After Hours: 43.75 -0.03 -0.07%
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Truist Financial Corporation (TFC) Stock Split History

Truist Financial Corporation has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on January 18, 1972 with the ratio of 105-for-100, meaning that for 100 shares of TFC owned pre-split, shareholders then owned 105 shares. 6 more splits have been implemented since then. The most recent stock split took place on August 04, 1998 on a 2-for-1 basis.

These splits have increased TFC 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 Truist Financial Corporation's total market capitalization.

For more detailed information of Truist Financial Corporation's stock splits, view the table below:

TFC stock split list

Date Split Ratio
1998-08-04 2 - for - 1
1989-07-03 3 - for - 2
1987-06-23 3 - for - 2
1985-04-29 2 - for - 1
1983-07-01 5 - for - 4
1973-01-26 5 - for - 4
1972-01-18 105 - for - 100

Will Truist Financial Corporation Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Truist Financial Corporation 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 TFC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Truist Financial Corporation'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
HDB 2019-09-26 2 - for - 1
IBN 2017-06-19 110 - for - 100
PNC 1992-11-16 2 - for - 1
USB 1999-04-16 3 - for - 1
TFC 1998-08-04 2 - for - 1
ITUB 2018-11-28 3 - for - 2
LYG 2009-05-06 51 - for - 50
NWG 2022-08-30 13 - for - 14
DB 1995-06-01 10 - for - 1
MTB 2000-10-06 10 - for - 1
FITB 2000-07-17 3 - for - 2
BBD 2022-04-19 11 - for - 10
KB 2001-12-26 17 - for - 16
HBAN 2000-07-12 11 - for - 10
RF 2004-07-01 16 - for - 13
SHG 2012-10-15 2 - for - 1
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