La-Z-Boy Inc. (LZB) Stock Split History

La-Z-Boy Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 15, 1987 with the ratio of 4-for-1, meaning that for 1 share of LZB owned pre-split, shareholders then owned 4 shares. The most recent stock split took place on September 15, 1998 on a 3-for-1 basis.

These actions have increased LZB stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on La-Z-Boy Inc.'s total market capitalization.

For more detailed information of La-Z-Boy Inc.'s stock splits, view the table below:

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