Apr 19, 2007
21:20
For every 20 shares held, investors received 21.
The split itself did not change the total investment value.
Mercantile Bank Corporation (FRA:MCS) operates in the Regional banks industry.
Mercantile Bank Corporation company overviewMercantile Bank Corporation's most recent stock split was on April 19, 2007. It was a 21-for-20 forward split, so shareholders received 21 shares for every 20 they held.
Mercantile Bank Corporation (FRA:MCS) has split its stock 7 times: a 21-for-20 split on January 17, 2001, a 21-for-20 split on January 16, 2002, a 21-for-20 split on January 15, 2003, a 21-for-20 split on April 14, 2004, a 21-for-20 split on July 14, 2005, a 21-for-20 split on April 20, 2006, and a 21-for-20 split on April 19, 2007.
Mercantile Bank Corporation has split its stock 7 times. This history records 7 forward splits between January 17, 2001 and April 19, 2007.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Mercantile Bank Corporation's 21-for-20 split on April 19, 2007, every 20 shares became 21 shares.
Mercantile Bank Corporation has not announced a new split in our records. Its most recent split was on April 19, 2007, 19 years ago. Companies announce splits in advance, and any new FRA:MCS split will appear on this page.