Lee Enterprises, Incorporated (LEE) Stock Split History

Lee Enterprises, Incorporated has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on August 17, 1971 with the ratio of 3-for-2, meaning that for 2 shares of LEE owned pre-split, shareholders then owned 3 shares. 6 more splits have been implemented since then. The most recent stock split took place on March 15, 2021 on a 1-for-10 basis.

These splits have increased LEE 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 Lee Enterprises, Incorporated's total market capitalization.

For more detailed information of Lee Enterprises, Incorporated's stock splits, view the table below:

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