Hooker Furnishings Corporation (HOFT) Stock Split History

Hooker Furnishings Corporation has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 01, 2000 with the ratio of 2-for-1, meaning that for 1 share of HOFT owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on February 02, 2004 on a 2-for-1 basis.

These actions have increased HOFT 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 change the number of shares and the price per share with no impact on Hooker Furnishings Corporation's total market capitalization.

For more detailed information of Hooker Furnishings Corporation's stock splits, view the table below:

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