Leggett & Platt, Inc. (LEG) Stock Split History

Leggett & Platt, Inc. has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on January 09, 1973 with the ratio of 3-for-2, meaning that for 2 shares of LEG owned pre-split, shareholders then owned 3 shares. 6 more splits have been implemented since then. The most recent stock split took place on June 16, 1998 on a 2-for-1 basis.

These splits have increased LEG 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 Leggett & Platt, Inc.'s total market capitalization.

For more detailed information of Leggett & Platt, Inc.'s stock splits, view the table below:

LEG stock split list

Date	Split Ratio
1998-06-16	2 - for - 1
1995-09-18	2 - for - 1
1992-06-16	2 - for - 1
1986-03-17	3 - for - 2
1983-08-29	2 - for - 1
1978-09-01	3 - for - 2
1973-01-09	3 - for - 2

Will Leggett & Platt, Inc. Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
TPX	2020-11-24	4 - for - 1
MHK	1997-12-05	3 - for - 2
WHR	1987-01-02	2 - for - 1
PATK	2017-12-11	3 - for - 2
MLKN	1998-03-17	2 - for - 1
LEG	1998-06-16	2 - for - 1
AMWD	2004-09-27	2 - for - 1
LZB	1998-09-15	3 - for - 1
LZB	1998-09-15	3 - for - 1
ETD	1999-05-24	3 - for - 2
ETD	1999-05-24	3 - for - 2
SNBR	2006-06-09	3 - for - 2