3.61
price up icon2.85%   +0.10
after-market  After Hours:  3.61 
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Gerdau S.A. ADR (GGB) Stock Split History

Gerdau S.A. ADR has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on May 09, 2000 with the ratio of 2-for-1, meaning that for 1 share of GGB owned pre-split, shareholders then owned 2 shares. 7 more splits have been implemented since then. The most recent stock split took place on April 18, 2024 on a 6-for-5 basis.

These splits have increased GGB 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 Gerdau S.A. ADR's total market capitalization.

For more detailed information of Gerdau S.A. ADR's stock splits, view the table below:

GGB stock split list

Date Split Ratio
2024-04-18 6 - for - 5
2023-03-22 21 - for - 20
2008-06-20 2 - for - 1
2006-04-21 3 - for - 2
2005-04-19 3 - for - 2
2004-05-07 2 - for - 1
2003-05-13 13 - for - 10
2000-05-09 2 - for - 1

Will Gerdau S.A. ADR Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Gerdau S.A. ADR 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 GGB stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Gerdau S.A. ADR'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
NUE 2006-06-01 2 - for - 1
MT 2017-05-22 1 - for - 3
STLD 2008-03-31 2 - for - 1
RS 2006-07-20 2 - for - 1
CLF 2008-05-16 2 - for - 1
GGB 2024-04-18 6 - for - 5
CMC 2006-05-23 2 - for - 1
SID 2010-04-07 2 - for - 1
RDUS 2004-03-26 3 - for - 2
FRD 2000-04-26 21 - for - 20
ACNT 1995-06-13 3 - for - 2
steel TX
$40.51
price down icon 5.15%
steel CLF
$17.28
price up icon 3.47%
steel X
$37.05
price up icon 0.19%
steel CMC
$56.46
price up icon 4.19%
steel RS
$290.72
price up icon 1.54%
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