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Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Eli Lilly and Company’s latest listed stock split was a 2-for-1 split in 1997. Its board declared the split on September 15, and it was payable to shareholders of record on September 24. Lilly’s published split history lists no later split; that record alone does not say whether another split is planned.
When did Eli Lilly last split its stock?
Lilly’s investor relations stock-split history lists September 24, 1997, as the date of its latest split, at a 2-for-1 ratio. The company’s 1997 annual report supplies the distinction between the key dates: the board declared the split on September 15, 1997, and made it payable to shareholders of record on September 24.
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In the annual report, Lilly stated: “On September 15, 1997, the company’s board of directors declared a two-for-one stock split payable to shareholders of record on September 24, 1997.” Lilly’s investor relations split history lists the September 24 date and 2-for-1 ratio; the details of the declaration come from the 1997 annual report.
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What a 2-for-1 split meant
A 2-for-1 split doubles the number of shares subject to the split. Lilly’s annual report says outstanding shares, weighted-average shares, and per-share data were adjusted for the split in all periods presented. It also specifies an important exception: “Treasury shares held by the company were not split.”
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That accounting adjustment matters when comparing historical per-share figures across periods: the annual report presents the relevant share counts and per-share data on a split-adjusted basis rather than leaving earlier periods on the pre-split share count.
Does the 1997 record mean another split is coming?
No. The date and ratio establish Lilly’s split history, not management’s intentions. The company’s published history lists 1997 as the latest split, but that does not establish whether Lilly is considering, planning, or likely to announce another one. Neither the history table nor the cited annual report gives a current forecast or the company’s present rationale for not splitting again.
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