128.91
1.03%
1.365
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Lamar Advertising Co (LAMR) Stock Split History
Lamar Advertising Co has split its stock once since its initial public offering (IPO). The stock split of Lamar Advertising Co occurred on March 02, 1998 on a 3-for-2 basis, meaning that for 2 shares of LAMR owned pre-split, shareholders then owned 3 shares.
This action has increased the 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 changes the number of shares and the price per share with no impact on Lamar Advertising Co's total market capitalization.
This action has increased the 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 changes the number of shares and the price per share with no impact on Lamar Advertising Co's total market capitalization.
LAMR stock split list
Date | Split Ratio |
---|---|
1998-03-02 | 3 - for - 2 |
Will Lamar Advertising Co Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Lamar Advertising Co 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 LAMR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Lamar Advertising Co's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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