Casey's General Stores, Inc. (CASY) Stock Split History

Casey's General Stores, Inc. has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on June 25, 1985 with the ratio of 3-for-2, meaning that for 2 shares of CASY owned pre-split, shareholders then owned 3 shares. 3 more splits have been implemented since then. The most recent stock split took place on February 17, 1998 on a 2-for-1 basis.

These splits have increased CASY 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 Casey's General Stores, Inc.'s total market capitalization.

For more detailed information of Casey's General Stores, Inc.'s stock splits, view the table below:

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