152.44
1.32%
+1.98
After Hours:
152.44
SPDR Oil & Gas Exploration and Production ETF (XOP) Stock Split History
SPDR Oil & Gas Exploration and Production ETF has split its stock once since its initial public offering (IPO). The stock split of SPDR Oil & Gas Exploration and Production ETF occurred on March 30, 2020 on a 1-for-4 basis, meaning that for 4 shares of XOP owned pre-split, shareholders then owned 1 share.
This action has increased the 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 changes the number of shares and the price per share with no impact on SPDR Oil & Gas Exploration and Production ETF's total market capitalization.
This action has increased the 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 changes the number of shares and the price per share with no impact on SPDR Oil & Gas Exploration and Production ETF's total market capitalization.
XOP stock split list
Date | Split Ratio |
---|---|
2020-03-30 | 1 - for - 4 |
Will SPDR Oil & Gas Exploration and Production ETF Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. SPDR Oil & Gas Exploration and Production ETF 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 XOP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by SPDR Oil & Gas Exploration and Production ETF's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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