3.08
price down icon1.28%   -0.04
 
loading

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
STLD 2008-03-31 2 - for - 1
MT 2017-05-22 1 - for - 3
RS 2006-07-20 2 - for - 1
GGB 2024-04-18 6 - for - 5
CLF 2008-05-16 2 - for - 1
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 CLF
$13.27
price up icon 2.23%
steel CMC
$54.43
price up icon 1.17%
steel TX
$34.23
price up icon 0.35%
steel X
$38.63
price down icon 0.57%
steel RS
$287.09
price up icon 0.26%
Cap:     |  Volume (24h):