Copart, Inc. (CPRT) Stock Split History

Copart, Inc. has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on January 29, 1999 with the ratio of 2-for-1, meaning that for 1 share of CPRT owned pre-split, shareholders then owned 2 shares. 6 more splits have been implemented since then. The most recent stock split took place on August 22, 2023 on a 2-for-1 basis.

These splits have increased CPRT 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 Copart, Inc.'s total market capitalization.

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

CPRT stock split list

Date	Split Ratio
2023-08-22	2 - for - 1
2022-11-04	2 - for - 1
2017-04-11	2 - for - 1
2012-03-29	2 - for - 1
2002-01-22	3 - for - 2
2000-01-25	2 - for - 1
1999-01-29	2 - for - 1

Will Copart, Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Copart, 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 CPRT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Copart, 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
RELX	2015-07-01	4 - for - 1
TRI	2023-06-23	27 - for - 28
CTAS	2000-03-08	3 - for - 2
CPRT	2023-08-22	2 - for - 1
RBA	2008-04-28	3 - for - 1
ARMK	2023-10-02	1385 - for - 1000
MMS	2013-07-01	2 - for - 1
CBZ	1996-07-01	2 - for - 1
UNF	1994-01-20	2 - for - 1
ABM	2002-05-07	2 - for - 1
AZZ	2012-07-31	2 - for - 1
AZZ	2012-07-31	2 - for - 1