Ultrapar Participacoes S.A. ADR (UGP) Stock Split History

Ultrapar Participacoes S.A. ADR has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on February 11, 2005 with the ratio of 23-for-20, meaning that for 20 shares of UGP owned pre-split, shareholders then owned 23 shares. 2 more splits have been implemented since then. The most recent stock split took place on April 25, 2019 on a 2-for-1 basis.

These splits have increased UGP 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 Ultrapar Participacoes S.A. ADR's total market capitalization.

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

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