Astec Industries Inc. (ASTE) Stock Split History

Astec Industries Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 13, 1993 with the ratio of 2-for-1, meaning that for 1 share of ASTE owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on January 19, 1999 on a 2-for-1 basis.

These actions have increased ASTE 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 Astec Industries Inc.'s total market capitalization.

For more detailed information of Astec Industries Inc.'s stock splits, view the table below:

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