Matthews International Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on June 03, 1998 with the ratio of 2-for-1, meaning that for 1 share of MATW owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on September 04, 2001 on a 2-for-1 basis.
These actions have increased MATW 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 Matthews International Corp's total market capitalization.
For more detailed information of Matthews International Corp's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Matthews International Corp 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 MATW stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Matthews International Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
