Insteel Industries Inc (IIIN) Stock Split History

Insteel Industries Inc has split its stock 9 times since its initial public offering (IPO). The first stock split occurred on March 05, 1986 with the ratio of 3-for-2, meaning that for 2 shares of IIIN owned pre-split, shareholders then owned 3 shares. 8 more splits have been implemented since then. The most recent stock split took place on June 19, 2006 on a 2-for-1 basis.

These splits have increased IIIN 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 Insteel Industries Inc's total market capitalization.

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

IIIN stock split list

Date	Split Ratio
2006-06-19	2 - for - 1
1993-03-15	110 - for - 100
1992-03-16	110 - for - 100
1991-03-18	110 - for - 100
1990-03-19	110 - for - 100
1989-03-08	3 - for - 2
1988-03-21	110 - for - 100
1987-03-19	110 - for - 100
1986-03-05	3 - for - 2

Will Insteel Industries Inc Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
ATI	1999-11-30	1 - for - 2
MLI	2023-10-23	2 - for - 1
CRS	2007-11-16	2 - for - 1
WOR	2023-12-01	1622 - for - 1000
IIIN	2006-06-19	2 - for - 1
TG	1998-07-02	3 - for - 1
GIFI	1997-10-29	2 - for - 1
TPCS	2023-02-24	1 - for - 4
AP	1981-02-02	4 - for - 3
SGBX	2024-05-02	1 - for - 20