Landstar System, Inc. (LSTR) Stock Split History

Landstar System, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 13, 2002 with the ratio of 2-for-1, meaning that for 1 share of LSTR owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on January 10, 2005 on a 2-for-1 basis.

These splits have increased LSTR 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 Landstar System, Inc.'s total market capitalization.

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

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