Unitil Corp. (UTL) Stock Split History

Unitil Corp. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on April 27, 1992 with the ratio of 10-for-9, meaning that for 9 shares of UTL owned pre-split, shareholders then owned 10 shares. The most recent stock split took place on December 14, 1992 on a 2-for-1 basis.

These actions have increased UTL stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Unitil Corp.'s total market capitalization.

For more detailed information of Unitil Corp.'s stock splits, view the table below:

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