Proshares Ultra Consumer Staples (UGE) Stock Split History

Proshares Ultra Consumer Staples has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on June 10, 2013 with the ratio of 2-for-1, meaning that for 1 share of UGE owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on January 13, 2022 on a 4-for-1 basis.

These splits have increased UGE 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 Proshares Ultra Consumer Staples's total market capitalization.

For more detailed information of Proshares Ultra Consumer Staples's stock splits, view the table below:

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