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Townebank Portsmouth Va (TOWN) Stock Split History

Townebank Portsmouth Va has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on February 26, 2002 with the ratio of 2-for-1, meaning that for 1 share of TOWN owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on May 23, 2012 on a 34-for-33 basis.

These splits have increased TOWN 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 Townebank Portsmouth Va's total market capitalization.

For more detailed information of Townebank Portsmouth Va's stock splits, view the table below:

TOWN stock split list

Date Split Ratio
2012-05-23 34 - for - 33
2005-08-24 34 - for - 33
2004-06-18 3 - for - 2
2002-02-26 2 - for - 1

Will Townebank Portsmouth Va Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Townebank Portsmouth Va 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 TOWN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Townebank Portsmouth Va'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
ITUB 2018-11-28 3 - for - 2
TFC 1998-08-04 2 - for - 1
LYG 2009-05-06 51 - for - 50
NWG 2022-08-30 13 - for - 14
DB 1995-06-01 10 - for - 1
FITB 2000-07-17 3 - for - 2
MTB 2000-10-06 10 - for - 1
BBD 2022-04-19 11 - for - 10
KB 2001-12-26 17 - for - 16
HBAN 2000-07-12 11 - for - 10
SHG 2012-10-15 2 - for - 1
RF 2004-07-01 16 - for - 13
$5.22
price up icon 0.00%
banks_regional LYG
$3.02
price down icon 0.33%
banks_regional TFC
$40.51
price up icon 0.30%
banks_regional MFG
$4.34
price up icon 0.70%
$6.19
price up icon 0.00%
banks_regional NU
$13.41
price up icon 1.21%
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