Royal Bank Of Canada (RY) Stock Split History

Royal Bank Of Canada has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on October 06, 2000 with the ratio of 2-for-1, meaning that for 1 share of RY owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on April 07, 2006 on a 2-for-1 basis.

These actions have increased RY 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 Royal Bank Of Canada's total market capitalization.

For more detailed information of Royal Bank Of Canada's stock splits, view the table below:

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