Global Rank
#753
Country Rank
#8
Market Cap
28.04 B
Price
8.33
Change (%)
0.60%
Volume
15.41 M
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) Stock Split History
This company has undergone a total of seven stock splits throughout its history. Six forward splits were executed, enhancing liquidity and increasing share accessibility. One reverse splits occurred, consolidating shares and stabilizing stock prices. The most recent split occurred on 06/10/2008 with a ratio of 2-for-1. If an investor had purchased one share prior to the first split on 10/07/1982, that single share would now have grown to 48 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Date | Split Ratio | Multiple | Cumulative multiple | Type |
---|---|---|---|---|
06/10/2008 | 2:1 | x2 | x48 | Forward |
10/23/2002 | 1:10 | x0.1 | x24 | Reverse |
05/08/2000 | 4:1 | x4 | x240 | Forward |
05/22/1998 | 2:1 | x2 | x60 | Forward |
06/16/1995 | 4:1 | x4 | x30 | Forward |
09/20/1990 | 5:1 | x5 | x7.5 | Forward |
10/07/1982 | 3:2 | x1.5 | x1.5 | Forward |
Frequently Asked Questions
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How much would Telefonaktiebolaget LM Ericsson (publ) stock be worth if it never split?If Telefonaktiebolaget LM Ericsson (publ) (stock symbol: NASDAQ: ERIC) had never undergone any stock splits, its price per share today would be approximately 399.84 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 2-for-1) that occurred on 06/10/2008.
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Has Telefonaktiebolaget LM Ericsson (publ) stock ever split?Telefonaktiebolaget LM Ericsson (publ) (stock symbol: NASDAQ: ERIC) has undergone a total of seven stock splits. The most recent split occurred on 06/10/2008. One share bought prior to the first split on 10/07/1982 would now equal 48.00 shares.
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Will Telefonaktiebolaget LM Ericsson (publ) stock split again?Telefonaktiebolaget LM Ericsson (publ) (stock symbol: NASDAQ: ERIC) has undergone seven stock splits in its history. The most recent split, a 3-for-2 split, occurred on 06/10/2008. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.