Latest Stock Split Details
Key information about Independent Bank Corp.'s most recent stock split
Split Date: 1987-10-01
Split Ratio: 3:2
Price Before Split: $32.25
Price After Split: $21.50
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 1.50 times more shares (a 3:2 ratio)
- The price per share is reduced proportionally
Historical Stock Splits
A comprehensive history of Independent Bank Corp.'s stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 1987-10-01 | 3:2 | No | $32.25 | $21.50 |
About Independent Bank Corp.
Company overview and industry information
Independent Bank Corp. (INDB) operates in the Banks - Regional industry. The recent 3-for-2 stock split reflects the company's growth and strategy to make shares more accessible to a broader range of investors.
Banks - Regional
Go to Independent Bank Corp. Summary