37.45
0.61%
-0.23
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Trinity Industries Inc (TRN) Stock Split History
Trinity Industries Inc has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on June 29, 1971 with the ratio of 8-for-5, meaning that for 5 shares of TRN owned pre-split, shareholders then owned 8 shares. 6 more splits have been implemented since then. The most recent stock split took place on June 20, 2014 on a 2-for-1 basis.
These splits have increased TRN 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 Trinity Industries Inc's total market capitalization.
For more detailed information of Trinity Industries Inc's stock splits, view the table below:
These splits have increased TRN 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 Trinity Industries Inc's total market capitalization.
For more detailed information of Trinity Industries Inc's stock splits, view the table below:
TRN stock split list
Date | Split Ratio |
---|---|
2014-06-20 | 2 - for - 1 |
2006-06-12 | 3 - for - 2 |
1993-09-01 | 3 - for - 2 |
1980-10-31 | 2 - for - 1 |
1979-11-01 | 2 - for - 1 |
1976-04-30 | 2 - for - 1 |
1971-06-29 | 8 - for - 5 |
Will Trinity Industries Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Trinity 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 TRN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Trinity Industries Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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