Culp Inc. (CULP) Stock Split History

Culp Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on July 15, 1992 with the ratio of 13-for-10, meaning that for 10 shares of CULP owned pre-split, shareholders then owned 13 shares. 2 more splits have been implemented since then. The most recent stock split took place on January 12, 1994 on a 3-for-2 basis.

These splits have increased CULP 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 Culp Inc.'s total market capitalization.

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

The answer will depend on the decisions of the company's managers and market volatility. Culp 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 CULP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Culp Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.