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:

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.