Aug 04, 1998
3:2
For every 2 shares held, investors received 3.
The split itself did not change the total investment value.
Washington Trust Bancorp, Inc. (FRA:WT1) operates in the Regional banks industry.
Washington Trust Bancorp, Inc. company overviewWashington Trust Bancorp, Inc.'s most recent stock split was on August 4, 1998. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
Washington Trust Bancorp, Inc. (FRA:WT1) has split its stock 5 times: a 4-for-1 split on May 26, 1987, a 3-for-2 split on September 1, 1994, a 3-for-2 split on October 16, 1996, a 3-for-2 split on November 20, 1997, and a 3-for-2 split on August 4, 1998.
Washington Trust Bancorp, Inc. has split its stock 5 times. This history records 5 forward splits between May 26, 1987 and August 4, 1998.
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 Washington Trust Bancorp, Inc.'s 3-for-2 split on August 4, 1998, every 2 shares became 3 shares.
Washington Trust Bancorp, Inc. has not announced a new split in our records. Its most recent split was on August 4, 1998, 28 years ago. Companies announce splits in advance, and any new FRA:WT1 split will appear on this page.