Latest Stock Split Details
Key information about First Merchants Corporation's most recent stock split
Split Date: 2003-08-27
Split Ratio: 21:20
Price Before Split: $27.81
Price After Split: $26.49
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 1.05 times more shares (a 21:20 ratio)
- The price per share is reduced proportionally
Historical Stock Splits
A comprehensive history of First Merchants Corporation's stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2003-08-27 | 21:20 | No | $27.81 | $26.49 |
| 2002-08-28 | 21:20 | No | $28.36 | $27.01 |
| 2001-08-29 | 21:20 | No | $25.24 | $24.03 |
| 1998-10-26 | 3:2 | No | $36.57 | $24.38 |
| 1995-10-30 | 3:2 | No | $38.63 | $25.75 |
| 1993-01-26 | 3:2 | No | $46.14 | $30.76 |
About First Merchants Corporation
Company overview and industry information
First Merchants Corporation (FRME) operates in the Banks - Regional industry. The recent 21-for-20 stock split reflects the company's growth and strategy to make shares more accessible to a broader range of investors.
Banks - Regional
Go to First Merchants Corporation Summary