Telefonaktiebolaget LM Ericsson (publ)
NASDAQ: ERIC
Technology
Communication Equipment
Rank
#732
Market Cap
28.07 B
Volume
29.24 M
Price
8.34
Change (%)
1.28%
Country or region
Sweden
Sweden
Telefonaktiebolaget LM Ericsson (publ) Stock Split History Overview
This company has undergone a total of 3 stock splits throughout its history. 2 forward splits were executed, enhancing liquidity and increasing share accessibility. 1 reverse splits occurred, consolidating shares and stabilizing stock prices. The most recent split occurred on October 23, 2002 with a ratio of 1-for-10. If an investor had purchased one share prior to the first split on May 22, 1998, that single share would now have grown to 0.8 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) Stock Split History
| Date | Split Ratio | Multiple | Cumulative multiple | Type |
|---|---|---|---|---|
| October 23, 2002 | 1:10 | x0.1 | x0.8 | Reverse |
| May 8, 2000 | 4:1 | x4 | x8 | Forward |
| May 22, 1998 | 2:1 | x2 | x2 | Forward |
Frequently Asked Questions
If Telefonaktiebolaget LM Ericsson (publ) (stock symbol: NASDAQ: ERIC) had never undergone any stock splits, its price per share today would be approximately 6.67 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 1-for-10) that occurred on October 23, 2002.
Telefonaktiebolaget LM Ericsson (publ) (stock symbol: NASDAQ: ERIC) has undergone a total of 3 stock splits. The most recent split occurred on October 23, 2002. One share bought prior to the first split on May 22, 1998 would now equal 0.80 shares.
Telefonaktiebolaget LM Ericsson (publ) (stock symbol: NASDAQ: ERIC) has undergone 3 stock splits in its history. The most recent split, a 2-for-1 split, occurred on October 23, 2002. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.
