Prog Holdings Inc (PRG) Stock Split History

Prog Holdings Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on June 04, 1996 with the ratio of 2-for-1, meaning that for 1 share of PRG owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on April 16, 2010 on a 3-for-2 basis.

These splits have increased PRG 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 Prog Holdings Inc's total market capitalization.

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

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