Ituran Location And Control Ltd (ITRN) Stock Split History

Ituran Location And Control Ltd has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 22, 2005 with the ratio of 3-for-1, meaning that for 1 share of ITRN owned pre-split, shareholders then owned 3 shares. The most recent stock split took place on September 30, 2005 on a 3-for-1 basis.

These actions have increased ITRN 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 Ituran Location And Control Ltd's total market capitalization.

For more detailed information of Ituran Location And Control Ltd's stock splits, view the table below:

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