Marten Transport, Ltd. (MRTN) Stock Split History

Marten Transport, Ltd. has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on January 06, 1998 with the ratio of 3-for-2, meaning that for 2 shares of MRTN owned pre-split, shareholders then owned 3 shares. 6 more splits have been implemented since then. The most recent stock split took place on August 14, 2020 on a 3-for-2 basis.

These splits have increased MRTN 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 Marten Transport, Ltd.'s total market capitalization.

For more detailed information of Marten Transport, Ltd.'s stock splits, view the table below:

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