Lakeland Industries, Inc. (LAKE) Stock Split History

Lakeland Industries, Inc. has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on July 29, 2002 with the ratio of 11-for-10, meaning that for 10 shares of LAKE owned pre-split, shareholders then owned 11 shares. 3 more splits have been implemented since then. The most recent stock split took place on July 31, 2006 on a 11-for-10 basis.

These splits have increased LAKE 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 Lakeland Industries, Inc.'s total market capitalization.

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

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