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Simon Property Group ($SPG) Stock Split History

Simon Property Group stock has experienced a total of 4 stock splits in its history. The most recent stock split took place on November 12th, 2009. As a result of these stock splits, one Simon Property Group share purchased prior to February 10th, 2009, would now be equivalent to holding 1 Simon Property Group shares today.

Simon Property Group ($SPG) Stock Split History Graph and Chart

Simon Property Group ($SPG) Stock Split Dates

Date Ratio
11/12/20091.006 for 1
8/13/20091.007 for 1
5/12/20091.009 for 1
2/10/20091.024 for 1

FAQs (Frequently Asked Questions)

How Does a Simon Property Group Share Split Work?

A Simon Property Group stock split is no different than any other stock split. Simon Property Group 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 Simon Property Group, 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 Simon Property Group (in terms of value) will remain practically the same.

Benefits of a Simon Property Group Stock Split?

A stock split does not change the fundamental value of a company. Meaning a Simon Property Group 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 $SPG 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 Simon Property Group Stock Split?

Unfortunately, we do not know. There might be rumors of a Simon Property Group 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 $SPG 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 $SPG 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.

Simon Property Group 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 $SPG shares split.