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:

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.