Flexsteel Industries Inc (FLXS) Stock Split History

Flexsteel Industries Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on November 17, 1977 with the ratio of 13-for-10, meaning that for 10 shares of FLXS owned pre-split, shareholders then owned 13 shares. 3 more splits have been implemented since then. The most recent stock split took place on December 08, 1987 on a 3-for-2 basis.

These splits have increased FLXS 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 Flexsteel Industries Inc's total market capitalization.

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

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