Lowe's Cos., Inc. (LOW) Stock Split History

Lowe's Cos., Inc. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on November 30, 1971 with the ratio of 3-for-2, meaning that for 2 shares of LOW owned pre-split, shareholders then owned 3 shares. 9 more splits have been implemented since then. The most recent stock split took place on July 03, 2006 on a 2-for-1 basis.

These splits have increased LOW 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 Lowe's Cos., Inc.'s total market capitalization.

For more detailed information of Lowe's Cos., Inc.'s stock splits, view the table below:

LOW stock split list

Date	Split Ratio
2006-07-03	2 - for - 1
2001-07-02	2 - for - 1
1998-06-29	2 - for - 1
1994-04-04	2 - for - 1
1992-06-29	2 - for - 1
1983-04-29	5 - for - 3
1981-11-02	3 - for - 2
1976-06-02	3 - for - 2
1972-07-25	4 - for - 3
1971-11-30	3 - for - 2

Will Lowe's Cos., Inc. Stock Split in 2024?

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