Hormel Foods Corp (HRL) Stock Split History

Hormel Foods Corp has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on December 16, 1971 with the ratio of 2-for-1, meaning that for 1 share of HRL owned pre-split, shareholders then owned 2 shares. 7 more splits have been implemented since then. The most recent stock split took place on February 10, 2016 on a 2-for-1 basis.

These splits have increased HRL 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 Hormel Foods Corp's total market capitalization.

For more detailed information of Hormel Foods Corp's stock splits, view the table below:

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