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Commercial Metals Co (CMC) Stock Split History

Commercial Metals Co has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on April 19, 1976 with the ratio of 110-for-100, meaning that for 100 shares of CMC owned pre-split, shareholders then owned 110 shares. 9 more splits have been implemented since then. The most recent stock split took place on May 23, 2006 on a 2-for-1 basis.

These splits have increased CMC 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 Commercial Metals Co's total market capitalization.

For more detailed information of Commercial Metals Co's stock splits, view the table below:

CMC stock split list

Date Split Ratio
2006-05-23 2 - for - 1
2005-01-11 2 - for - 1
2002-07-01 2 - for - 1
1993-12-28 4 - for - 3
1988-12-27 4 - for - 3
1986-05-05 4 - for - 3
1983-08-24 3 - for - 2
1981-02-02 3 - for - 2
1979-12-03 110 - for - 100
1976-04-19 110 - for - 100

Will Commercial Metals Co Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Commercial Metals Co 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 CMC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Commercial Metals Co'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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