Chicago Rivet & Machine Co. (CVR) Stock Split History

Chicago Rivet & Machine Co. has split its stock once since its initial public offering (IPO). The stock split of Chicago Rivet & Machine Co. occurred on September 22, 1997 on a 2-for-1 basis, meaning that for 1 share of CVR owned pre-split, shareholders then owned 2 shares.

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 Chicago Rivet & Machine Co.'s total market capitalization.

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