20.94
price down icon0.19%   -0.04
after-market After Hours: 20.95 0.010 +0.05%
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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
MMM 2024-04-01 1196 - for - 1000
VMI 1997-06-02 2 - for - 1
MDU 2024-11-01 1805 - for - 1000
GFF 2001-08-16 11 - for - 10
DLX 1986-09-15 2 - for - 1
MATW 2001-09-04 2 - for - 1
CRESY 2023-12-06 101 - for - 100
TRC 2013-08-29 1031 - for - 1000
NNBR 1995-12-06 3 - for - 2
RCMT 1996-04-08 1 - for - 5
BOOM 2005-10-13 2 - for - 1
AIRT 2019-06-11 3 - for - 2
conglomerates FIP
$7.20
price up icon 1.12%
$27.82
price up icon 1.64%
conglomerates DLX
$22.62
price up icon 1.34%
conglomerates BBU
$22.49
price up icon 0.00%
$23.23
price up icon 0.82%
conglomerates SEB
$2,484.47
price up icon 1.06%
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