Despite the volatility in equity markets for a few months now, some foreign companies are implementing stock splits to increase liquidity. The following are some of the foreign stocks that recently had stock splits:

1.Telefonica SA (TEF)
Sector: Telecom
Country: Spain
Split Ratio: 3:1
Split Date: 1/21/11
Current Dividend Yield: 7.17%
Current Stock Price: $25.10

2.Potash Corp Of Saskatchewan Inc (POT)
Sector: Non-Metallic Mining
Country: Canada
Split Ratio: 3:1
Split Date: 2/25/11
Current Dividend Yield: 0.49%
Current Stock Price: $57.23

3.Ultrapar Participacoes SA(UGP)
Sector: Oil & Gas Operations
Country: Brazil
Split Ratio: 4:1
Split Date: 2/25/11
Current Dividend Yield: 3.34%
Current Stock Price: $16.69

4.Technip SA (TKPPY)
Sector: Oil Well Services & Equipment
Country: France
Split Ratio: 4:1
Split Date: 3/22/11
Current Dividend Yield: 1.66%
Current Stock Price: $25.75

5.Cemex SAB De CV (CX)
Sector: Construction – Raw Materials
Country: Mexico
Split Ratio: 1.040:1
Split Date: 3/25/11
Current Dividend Yield: N/A
Current Stock Price: $8.81

Update:

7. Nedbank Group Ltd (NDBKY)
Sector: Banking
Country: South Africa
Split Ratio: 2:1
Split Date: 1/31/11
Current Dividend Yield: 3.74%
Current Stock Price: $19.93

8. CorpBanca (BCA)
Sector: Banking
Country: Chile
Split Ratio: 3.3333:1
Split Date: 2/23/11
Current Dividend Yield: 7.85%
Current Stock Price: $21.10

NedBank changed the ratio on the Depositary Receipt program from 1 Depositary Share  representing 2 Ordinary shares to 1 DS representing 1 Ordinary share. Hence all ADR holders received an additional DR share.

Canada-based oil services provider Enbridge Inc (ENB) has proposed a 2-for-1 split with a split date of 5/25/11.The current yield of ENB is 3.26% and the stock price is $60.89.

Disclosure: No Positions

Note: Stock price and dividend yield noted above are as of Mar 25, 2011.