Friedman Industries, Inc. (FRD) Stock Split History

Friedman Industries, Inc. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on April 08, 1991 with the ratio of 21-for-20, meaning that for 20 shares of FRD owned pre-split, shareholders then owned 21 shares. 9 more splits have been implemented since then. The most recent stock split took place on April 26, 2000 on a 21-for-20 basis.

These splits have increased FRD 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 Friedman Industries, Inc.'s total market capitalization.

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

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