Magna International Inc. (MGA) Stock Split History

Magna International Inc. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 26, 2010 with the ratio of 2-for-1, meaning that for 1 share of MGA owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on March 26, 2015 on a 2-for-1 basis.

These actions have increased MGA 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 Magna International Inc.'s total market capitalization.

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

MGA stock split list

Date	Split Ratio
2015-03-26	2 - for - 1
2010-11-26	2 - for - 1

Will Magna International Inc. Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
GPC	1997-04-15	3 - for - 2
MGA	2015-03-26	2 - for - 1
LKQ	2012-09-19	2 - for - 1
BWA	2013-12-17	2 - for - 1
GNTX	2015-01-02	2 - for - 1
LEA	2011-03-18	2 - for - 1
MOD	1993-02-22	2 - for - 1
MOD	1993-02-22	2 - for - 1
GT	1993-05-05	2 - for - 1
DORM	2012-06-18	2 - for - 1
ADNT	2013-02-20	1 - for - 100