Albany International Corp (AIN) Stock Split History

Albany International Corp has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on June 03, 1998 with the ratio of 201-for-200, meaning that for 200 shares of AIN owned pre-split, shareholders then owned 201 shares. 3 more splits have been implemented since then. The most recent stock split took place on December 08, 1999 on a 51-for-50 basis.

These splits have increased AIN 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 Albany International Corp's total market capitalization.

For more detailed information of Albany International Corp's stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Albany International Corp 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 AIN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Albany International Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.