There seems to be growing concern the Fed will
not cut rates which will knock the markets back down.
What is Greenspan going to
I found the IBM price for the split on 6/1/79.
The price after the split was about $38. IBM was $152
before the four for one split. It then declined to
$30-32. IBM may not split for a while. Why split a stock
just for the sake of splitting it? Lets see if it can
maintain this price for a while or head higher. Personally
I think it can go higher.
In 1973 apparently there was a terrible bear
market. IBM decided to do a consolidation of shares 1 for
4. Do you know the closing price of IBM one day
before the split and the closing price the day of the
split in 1979. I think that I saw in my IBM statement
that they have paid some 320 of uninterupted dividend
payments. I stand to be corrected on this last point.
big blue lookin good, they are making excellent
chips and may put intel out in the cold now that the
dept. of justice is breathing down intels back, ibm has
the hottest new notebook as stated by mobil computing
magaizine this month, they once again are making the most
new pattents this year and are growing very nicely, i
think it will split soon, its an excellent company, buy
Without meaning to beat a dead horse here, the
last 2 IBM stock splits were 5/27/79 (4 for 1), and
5/27/97 (2 for 1).
Ref. Nov 1998 issue of Standard
& Poor's Stock Guide, pg. 104.
The Guide lists
all stock splits for the last 5 year period.
IBM just happens to in the list of stocks on page
IBM never split its stock n 1996 as you had
This info has been posted here quite a few times
but at the risk of boring everyone else here's the
dates for all the splits that I know of.
1929 Market Crash however IBM stock pays 5%
1930 Employment increases and IBM again pays 5%
1946 5 for 4
1948 7 for 4
1952 5 for
1957 2 for 1
1959 3 for 2
1964 5 for
1966 3 for 2
1968 2 for 1
1973 1 for
1979 4 for 1
1997 2 for 1
As far as
the 1997 split, it was announced on December 12th of
1996 (Stock was at $150 per share), but needed
ratification by the stockholders at annual meeting in April.
It was voted that all stockholders of date would
receive 2 for 1. Stock split on May 12th 1997 and price
was $168.34. Hope this helps.....GO BLUE!!
Unfortunately, IBM has been rather inactive in
the area of forward (as opposed to reverse) stock
splits. The most recent IBM stock splits were:
27, 1979 - stock was split 4 for 1
May 27, 1997 -
stock was split 2 for 1
Strange, the stock was
split on May 27 in both instances !!!!
it. Hope this is what you were looking for.