Aug 27, 2003
21:20
For every 20 shares held, investors received 21.
The split itself did not change the total investment value.
First Merchants Corporation (GETTEX:FM5) operates in the Major banks industry.
First Merchants Corporation company overviewFirst Merchants Corporation's most recent stock split was on August 27, 2003. It was a 21-for-20 forward split, so shareholders received 21 shares for every 20 they held.
First Merchants Corporation (GETTEX:FM5) has split its stock 6 times: a 3-for-2 split on January 26, 1993, a 3-for-2 split on October 30, 1995, a 3-for-2 split on October 26, 1998, a 21-for-20 split on August 29, 2001, a 21-for-20 split on August 28, 2002, and a 21-for-20 split on August 27, 2003.
First Merchants Corporation has split its stock 6 times. This history records 6 forward splits between January 26, 1993 and August 27, 2003.
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 First Merchants Corporation's 21-for-20 split on August 27, 2003, every 20 shares became 21 shares.
First Merchants Corporation has not announced a new split in our records. Its most recent split was on August 27, 2003, 23 years ago. Companies announce splits in advance, and any new GETTEX:FM5 split will appear on this page.