4.70
price up icon11.37%   +0.48
 
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Cumulus Media Inc. (CMLS) Stock Split History

Cumulus Media Inc. has split its stock once since its initial public offering (IPO). The stock split of Cumulus Media Inc. occurred on October 13, 2016 on a 1-for-8 basis, meaning that for 8 shares of CMLS owned pre-split, shareholders then owned 1 share.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Cumulus Media Inc.'s total market capitalization.

CMLS stock split list

Date Split Ratio
2016-10-13 1 - for - 8

Will Cumulus Media Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Cumulus Media 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 CMLS stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Cumulus Media 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
TGNA 1997-10-07 2 - for - 1
GTN 1998-10-01 3 - for - 2
GTN 1998-10-01 3 - for - 2
FUBO 2019-02-28 1 - for - 30
FUBO 2019-02-28 1 - for - 30
SSP 2008-07-16 1 - for - 3
UONE 2000-06-07 3 - for - 1
SGA 2013-01-17 4 - for - 3
CMLS 2016-10-13 1 - for - 8
LPTV 2022-09-21 1 - for - 3
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price down icon 1.00%
broadcasting SGA
$24.24
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$2.32
price down icon 2.32%
broadcasting SSP
$4.34
price down icon 19.48%
$1.77
price down icon 4.84%
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