Ascent Industries Co (ACNT) Stock Split History

Ascent Industries Co has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on February 13, 1976 with the ratio of 103-for-100, meaning that for 100 shares of ACNT owned pre-split, shareholders then owned 103 shares. 9 more splits have been implemented since then. The most recent stock split took place on June 13, 1995 on a 3-for-2 basis.

These splits have increased ACNT stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Ascent Industries Co's total market capitalization.

For more detailed information of Ascent Industries Co's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Ascent Industries Co has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when ACNT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Ascent Industries Co's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.