Gorman-Rupp Co. (GRC) Stock Split History

Gorman-Rupp Co. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on April 03, 1978 with the ratio of 5-for-4, meaning that for 4 shares of GRC owned pre-split, shareholders then owned 5 shares. 9 more splits have been implemented since then. The most recent stock split took place on December 11, 2013 on a 5-for-4 basis.

These splits have increased GRC 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 Gorman-Rupp Co.'s total market capitalization.

For more detailed information of Gorman-Rupp Co.'s stock splits, view the table below:

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