Granite Construction Inc (GVA) Stock Split History

Granite Construction Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on April 22, 1996 with the ratio of 3-for-2, meaning that for 2 shares of GVA owned pre-split, shareholders then owned 3 shares. 2 more splits have been implemented since then. The most recent stock split took place on April 16, 2001 on a 3-for-2 basis.

These splits have increased GVA 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 Granite Construction Inc's total market capitalization.

For more detailed information of Granite Construction Inc's stock splits, view the table below:

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