Dixie Group Inc. (DXYN) Stock Split History

Dixie Group Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 10, 1986 with the ratio of 2-for-1, meaning that for 1 share of DXYN owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on November 25, 1986 on a 3-for-1 basis.

These actions have increased DXYN 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 Dixie Group Inc.'s total market capitalization.

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

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