What stock has split the most times over the last 25 years?
What stock has generated the most shares from splitting over the last 25 years?
Here is the reason these two questions are different:
Some stocks split like 101:100 periodically, others split 2:1 or 3:2, etc.
Examples:
As a point of clarification, I read that last as “which stock issue has had its shares multiplied by the greatest ratio due to splits over the last 25 years?”. “Generated the most shares” as an absolute number would have to take into account how many they started with, eg. company A with a billion shares outstanding that split 2:1 twice has 3 billion more shares, whereas a company B that had a million and split 2:1 6 times only has 63 million more. I think you are more interested in B, right?
It’s definitely not Berkshire Hathaway.
Trying a few likely issues, I can’t beat the 512:1 ratio for WMT, but trying Disney makes me curious about something else:
http://finance.yahoo.com/q/bc?s=DIS&t=my
Disney’s splits have only amounted to 192:1, but twice they’ve split 4:1. What was the highest single split ratio for anything traded on the NASDAQ or NYSE?
From the OP, Walmart is 512:1. That’s hard to beat - the best in the DJIA according to my quick check.
Part of the problem is that most old companies are gone. Or they give out dividends and never split.
jabob, yes you are correct in analyzing what I am looking for, sorry I didn’t explain it very concisely.
Highest total number of splits declared, regardless of the split ratio.
Highest total number of shares held today if you held 1 share 25 years ago.
For your question about highest split ratio, you probably want to search around in the “pinks”.
Here’s a 1:2000 reverse-split:
http://www.pinksheets.com/quote/company_profile.jsp?symbol=LTBI
Here’s a 13:1 split:
http://www.pinksheets.com/quote/company_profile.jsp?symbol=BOCX
That’s yabob, BTW. The screen name is not of Teutonic derivation, so it needn’t be spelled with a j.
I said on the NASDAQ and NYSE to try to screen out OTC penny stocks, which might, indeed, go through huge splits. I worked for a startup once that split 8 for 1 while we still barely existed, and had unregistered shares. The guy who started the company only authorized a million shares, and I think he realized that at that level, early stage stock options were going to sound singularly unimpressive. Though you would have thought that the prospective employee would know enough to ask how many slices were in the pie.
BOCX might have been on the NASDAQ at the time of their 13:1 - it was in 2001.
LTBI - holy crap! 1:2000! Since it was recent, and they currently trade at $0.45, their pre-split price must have given new meaning to the words “penny stock” - more of a “lira stock”, if lira still existed. They would already have been on pink sheets at the time, I would guess. Fiber - it figures.
yabob sorry about mangling your name, I’ve been a bit shaky on the keyboard the last couple days.
The “pinks” are fun to watch. They are the only stocks I would be able to buy 1,000,000 shares of.
Here’s a good one, $0.0006/share: (6 100ths of a penny per share)
http://www.pinksheets.com/quote/quote.jsp?symbol=THTHF
Intel has split 13 times.
3 to 2 04/12/73
3 to 2 04/08/74
3 to 2 04/20/76
5 to 4 07/31/78
3 to 2 04/24/79
2 to 1 10/09/80
2 to 1 07/01/83
3 to 2 10/29/87
2 to 1 06/07/93
2 to 1 06/19/95
2 to 1 07/14/97
2 to 1 04/12/99
2 to 1 07/31/00
(3 X 3 X 3 X 5 X 3 X 2 X 2 X 3 X 2 X 2 X 2 X 2 X 2) / (2 X 2 X 2 X 4 X 2 X 1 X 1 X 2 X 1 X 1 X 1 X 1 X 1) = (155,520 / 128) = 1,215
Intel has split 1,215 times since April 12, 1973. 1 share bought at the IPO would be 1,215 shares on July 31, 2000. At the IPO, 100 shares would be 121,500 shares. Walmart’s appreciation and dividends have been better than Intel’s. Intel is the split champ as far as I have found.
Sorry, too lazy to read all but are all of those actual splits or some are accreted stock dividends?
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