24.22
price down icon7.27%   -1.90
after-market  After Hours:  25.00  0.78   +3.22%
loading

Air T Inc (AIRT) Stock Split History

Air T Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on May 16, 1994 with the ratio of 1-for-5, meaning that for 5 shares of AIRT owned pre-split, shareholders then owned 1 share. The most recent stock split took place on June 11, 2019 on a 3-for-2 basis.

These actions have increased AIRT 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 Air T Inc's total market capitalization.

For more detailed information of Air T Inc's stock splits, view the table below:

AIRT stock split list

Date Split Ratio
2019-06-11 3 - for - 2
1994-05-16 1 - for - 5

Will Air T Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Air T 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 AIRT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Air T 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
CYRX 2015-05-19 1 - for - 12
PBI 1998-01-20 2 - for - 1
PBI 1998-01-20 2 - for - 1
FWRD 2005-04-04 3 - for - 2
RLGT 2005-10-21 7 - for - 2
AIRT 2019-06-11 3 - for - 2
SGLY 2024-02-12 1 - for - 10
integrated_freight_logistics PBI
$4.13
price down icon 2.13%
$16.38
price up icon 2.18%
$39.93
price down icon 0.65%
integrated_freight_logistics GXO
$50.51
price down icon 0.06%
$177.26
price down icon 0.10%
$70.22
price down icon 0.06%
Cap:     |  Volume (24h):