Mgm Resorts International (MGM) Stock Split History

Mgm Resorts International has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on February 28, 2000 with the ratio of 2-for-1, meaning that for 1 share of MGM owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on May 19, 2005 on a 2-for-1 basis.

These actions have increased MGM 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 Mgm Resorts International's total market capitalization.

For more detailed information of Mgm Resorts International's stock splits, view the table below:

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