Eastern Co (EML) Stock Split History

Eastern Co has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on May 18, 1973 with the ratio of 5-for-4, meaning that for 4 shares of EML owned pre-split, shareholders then owned 5 shares. 5 more splits have been implemented since then. The most recent stock split took place on October 18, 2006 on a 3-for-2 basis.

These splits have increased EML 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 Eastern Co's total market capitalization.

For more detailed information of Eastern Co's stock splits, view the table below:

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