Lancaster Colony Corp. (LANC) Stock Split History

Lancaster Colony Corp. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on March 06, 1972 with the ratio of 3-for-2, meaning that for 2 shares of LANC owned pre-split, shareholders then owned 3 shares. 9 more splits have been implemented since then. The most recent stock split took place on January 28, 1998 on a 3-for-2 basis.

These splits have increased LANC 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 Lancaster Colony Corp.'s total market capitalization.

For more detailed information of Lancaster Colony Corp.'s stock splits, view the table below:

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