Gildan Activewear Inc (GIL) Stock Split History

Gildan Activewear Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on February 28, 2001 with the ratio of 2-for-1, meaning that for 1 share of GIL owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on March 30, 2015 on a 2-for-1 basis.

These splits have increased GIL 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 Gildan Activewear Inc's total market capitalization.

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

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