11.95
price up icon2.57%   0.2895
 
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Cleveland Cliffs Inc (CLF) Stock Split History

Cleveland Cliffs Inc has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on December 16, 1975 with the ratio of 2-for-1, meaning that for 1 share of CLF owned pre-split, shareholders then owned 2 shares. 4 more splits have been implemented since then. The most recent stock split took place on May 16, 2008 on a 2-for-1 basis.

These splits have increased CLF 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 Cleveland Cliffs Inc's total market capitalization.

For more detailed information of Cleveland Cliffs Inc's stock splits, view the table below:

CLF stock split list

Date Split Ratio
2008-05-16 2 - for - 1
2006-07-03 2 - for - 1
2005-01-03 2 - for - 1
1978-09-18 2 - for - 1
1975-12-16 2 - for - 1

Will Cleveland Cliffs Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Cleveland Cliffs 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 CLF stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Cleveland Cliffs 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
NUE 2006-06-01 2 - for - 1
STLD 2008-03-31 2 - for - 1
MT 2017-05-22 1 - for - 3
RS 2006-07-20 2 - for - 1
GGB 2024-04-18 6 - for - 5
CMC 2006-05-23 2 - for - 1
CLF 2008-05-16 2 - for - 1
SID 2010-04-07 2 - for - 1
RDUS 2004-03-26 3 - for - 2
ACNT 1995-06-13 3 - for - 2
FRD 2000-04-26 21 - for - 20
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