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Steel Connect Inc (STCN) Stock Split History
Steel Connect Inc has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on April 03, 1995 with the ratio of 3-for-2, meaning that for 2 shares of STCN owned pre-split, shareholders then owned 3 shares. 7 more splits have been implemented since then. The most recent stock split took place on June 22, 2023 on a 375-for-3500 basis.
These splits have increased STCN 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 Steel Connect Inc's total market capitalization.
For more detailed information of Steel Connect Inc's stock splits, view the table below:
These splits have increased STCN 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 Steel Connect Inc's total market capitalization.
For more detailed information of Steel Connect Inc's stock splits, view the table below:
STCN stock split list
| Date | Split Ratio |
|---|---|
| 2023-06-22 | 375 - for - 3500 |
| 2007-11-01 | 1 - for - 10 |
| 2000-01-12 | 2 - for - 1 |
| 1999-05-28 | 2 - for - 1 |
| 1999-01-12 | 2 - for - 1 |
| 1998-05-12 | 2 - for - 1 |
| 1996-02-05 | 2 - for - 1 |
| 1995-04-03 | 3 - for - 2 |
Will Steel Connect Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Steel Connect 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 STCN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Steel Connect Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
Stock Splits of Industry Leaders
| Ticker Symbol | Latest Split Date | Split Ratio |
|---|---|---|
| FDX | 1999-05-07 | 2 - for - 1 |
| JBHT | 2005-05-24 | 2 - for - 1 |
| EXPD | 2006-06-26 | 2 - for - 1 |
| CHRW | 2005-10-17 | 2 - for - 1 |
| LSTR | 2005-01-10 | 2 - for - 1 |
| HUBG | 2024-01-29 | 2 - for - 1 |
| PBI | 1998-01-20 | 2 - for - 1 |
| FWRD | 2005-04-04 | 3 - for - 2 |
| RLGT | 2005-10-21 | 7 - for - 2 |
| CYRX | 2015-05-19 | 1 - for - 12 |
| STCN | 2023-06-22 | 375 - for - 3500 |
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