Destination Xl Group Inc (DXLG) Stock Split History

Destination Xl Group Inc has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 02, 1992 with the ratio of 3-for-2, meaning that for 2 shares of DXLG owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on June 23, 1993 on a 3-for-2 basis.

These actions have increased DXLG 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 change the number of shares and the price per share with no impact on Destination Xl Group Inc's total market capitalization.

For more detailed information of Destination Xl Group Inc's stock splits, view the table below:

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