Eagle Bulk Shipping Inc (EGLE) Stock Split History

Eagle Bulk Shipping Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on May 23, 2012 with the ratio of 1-for-4, meaning that for 4 shares of EGLE owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on September 15, 2020 on a 1-for-7 basis.

These splits have increased EGLE 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 Eagle Bulk Shipping Inc's total market capitalization.

For more detailed information of Eagle Bulk Shipping Inc's stock splits, view the table below:

EGLE stock split list

Date	Split Ratio
2020-09-15	1 - for - 7
2016-08-05	1 - for - 20
2014-10-16	10000 - for - 181976
2012-05-23	1 - for - 4

Will Eagle Bulk Shipping Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Eagle Bulk Shipping 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 EGLE stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Eagle Bulk Shipping 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
KEX	2006-06-01	2 - for - 1
MATX	1988-06-03	2 - for - 1
SBLK	2016-06-20	1 - for - 5
GOGL	2016-08-01	1 - for - 5
DAC	2019-05-02	1 - for - 14
NMM	2019-05-21	1 - for - 15
CPLP	2019-03-28	1 - for - 7
GNK	2016-07-08	1 - for - 10