Heartland Express, Inc. (HTLD) Stock Split History

Heartland Express, Inc. has split its stock 9 times since its initial public offering (IPO). The first stock split occurred on November 26, 1991 with the ratio of 3-for-2, meaning that for 2 shares of HTLD owned pre-split, shareholders then owned 3 shares. 8 more splits have been implemented since then. The most recent stock split took place on May 16, 2006 on a 4-for-3 basis.

These splits have increased HTLD 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 Heartland Express, Inc.'s total market capitalization.

For more detailed information of Heartland Express, Inc.'s stock splits, view the table below:

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