Advance Auto Parts Inc (AAP) Stock Split History

Advance Auto Parts Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on January 05, 2004 with the ratio of 2-for-1, meaning that for 1 share of AAP owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on September 26, 2005 on a 3-for-2 basis.

These actions have increased AAP stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Advance Auto Parts Inc's total market capitalization.

For more detailed information of Advance Auto Parts Inc's stock splits, view the table below:

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