Gray Television, Inc. (GTN) Stock Split History

Gray Television, Inc. has split its stock once since its initial public offering (IPO). The stock split of Gray Television, Inc. occurred on October 01, 1998 on a 3-for-2 basis, meaning that for 2 shares of GTN owned pre-split, shareholders then owned 3 shares.

This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Gray Television, Inc.'s total market capitalization.

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