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Introduction

The talk of stock splits is common in the world of investing, and CIBC, one of Canada's prominent banks, has been a part of it. Throughout its history, CIBC has had several stock splits, which not only provided a boon to existing shareholders but also made the stock more accessible to new investors. This article explores when CIBC underwent stock splits and provides comprehensive guidelines on how to invest in CIBC through online banking, mobile app, or by calling customer service.

CIBC Stock Split History

The CIBC stock produced three splits across its active years. The first of these splits was a 2-for-1 split enacted on November 19, 1981. The next 3-for-1 split happened on May 28, 1986. The most recent CIBC split happened on January 24, 1997, which was also a 2-for-1 split. Therefore, it's clear that a company with a history like CIBC's—returning value to its shareholders—is one to keep an eye on.

Invest in CIBC Stock through Online Banking

Online banking is one of the most convenient methods to invest in CIBC stocks. To get started, you simply need to log into your online banking account, locate the "Investing" section, and follow the prompts to buy shares. Multiple purchase options are usually available, such as one-time purchases and automated regular investments. Online banking offers a user-friendly and secure platform for managing your investments.

Invest in CIBC Stock via Mobile App

If convenience is a top priority for you, consider the mobile app investing method. Usually, the process mirrors that of the online banking application, including the drill-down approach from the "Investing" section. However, the advantage here is the sheer mobility offered by the application—you can buy or sell your CIBC stocks anytime, anywhere, as long as you have a stable internet connection.

Invest in CIBC Stock Through Customer Service

If technology is not your forte, investing in CIBC stocks through a phone call might be more suitable. Most banks offer investment services over the phone. The customer service staff is usually well-trained and can guide you through the investing process. This could be particularly beneficial if you are more comfortable with personal interactions and prefer step-by-step guidance from a professional.

Conclusion

Regardless of the method of investing you choose, owning CIBC stock can be a beneficial addition to your investment portfolio, especially considering the bank's consistent history in stock splits. Whether you are an existing shareholder or looking to buy shares for the first time, it's a good rule of thumb to stay updated with the company's financial health and market performance for informed decision-making. Always seek professional advice if you are unsure.