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Lumen Technologies ($LUMN) Stock Split History

Lumen Technologies stock has experienced a total of 5 stock splits in its history. The most recent stock split took place on April 1st, 1999. As a result of these stock splits, one Lumen Technologies share purchased prior to August 2nd, 1988, would now be equivalent to holding 7.6 Lumen Technologies shares today.

Lumen Technologies ($LUMN) Stock Split History Graph and Chart

Lumen Technologies ($LUMN) Stock Split Dates

Date Ratio
08/02/19883 for 2
03/27/19893 for 2
01/04/19933 for 2
04/01/19983 for 2
04/01/19993 for 2

FAQs (Frequently Asked Questions)

How Does a Lumen Technologies Share Split Work?

A Lumen Technologies stock split is no different than any other stock split. Lumen Technologies is simply packaging the number of outstanding shares in a different way. For example, in a 2-for-1 split, the amount of shares will double (and the price will be divided by 2, accordingly). Say you have 100 shares of Lumen Technologies, then the day of the split you will receive 2 shares for every 1 share you hold in your brokerage account, meaning you will receive 200 shares on the stock split date. However, the price of the stock will reflect this change and your holding of Lumen Technologies (in terms of value) will remain practically the same.

Benefits of a Lumen Technologies Stock Split?

A stock split does not change the fundamental value of a company. Meaning a Lumen Technologies stock split will not make the business more valuable. However, there is a psychological benefit in that the share price will be lower after the split, making shares seem more accessible to everyone and thus temporarily increasing demand and ramping up share prices. To further explore stock splits, please refer to Investopedia.

Buying Before or After a $LUMN Stock Split?

While this is not financial advice and we have not run any thorough studies on the matter, general consensus is that price tends to go up after the announcement of a stock split and before the stock split itself happens.

Will Lumen Technologies Stock Split?

Unfortunately, we do not know. There might be rumors of a Lumen Technologies stock split, but the truth is that until the board proposes a shares split to its shareholders, it's all just noise.

How Does a Stock Split Affect $LUMN Options?

A stock split affects options the same way it affect shares. In the case of a 2-for-1, the strike price of all the options chain post-split will be divided by 2 automatically. So if you're holding CALLs or PUTs, the strike price of the $LUMN option will be automatically changed on the day of the split. Also, the number of shares will double. So if you have a CALL in a 2-for-1, after split you will have 2 calls to control 200 shares, and the strike price of those two CALLs would be halved.

Lumen Technologies Shares Split Results in Fractional Shares

Not all shares splits are even. Some splits, like a 3-for-2 can result in shareholders owning fractional shares. In these cases it's best to contact your broker, to be clear on how they will handle the $LUMN shares split.