Light & Wonder Inc (LNW) Stock Split History

Light & Wonder Inc has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on May 23, 1989 with the ratio of 3-for-2, meaning that for 2 shares of LNW owned pre-split, shareholders then owned 3 shares. 2 more splits have been implemented since then. The most recent stock split took place on October 26, 1993 on a 2-for-1 basis.

These splits have increased LNW 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 Light & Wonder Inc's total market capitalization.

For more detailed information of Light & Wonder Inc's stock splits, view the table below:

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