Horace Mann Educators Corp (HMN) Stock Split History

Horace Mann Educators Corp has split its stock once since its initial public offering (IPO). The stock split of Horace Mann Educators Corp occurred on December 16, 1997 on a 2-for-1 basis, meaning that for 1 share of HMN owned pre-split, shareholders then owned 2 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 Horace Mann Educators Corp's total market capitalization.

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