Did the first national bank fail?

Written by Editorial Team | Last Updated: August 2026

Yes, IAC Inc. executed a stock split on April 1, 2025. The company performed a 1219-for-1000 stock split, which meant that for every 1000 shares held by an investor, they received 1219 new shares. Before the split, the stock was trading at approximately 37.69 per share, and following the adjustment, the share price was approximately 39.26 per share.

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