Forward Air Corp. (FWRD) Stock Split History

Forward Air Corp. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on March 22, 1999 with the ratio of 2-for-1, meaning that for 1 share of FWRD owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on April 04, 2005 on a 3-for-2 basis.

These splits have increased FWRD 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 Forward Air Corp.'s total market capitalization.

For more detailed information of Forward Air Corp.'s stock splits, view the table below:

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