Myers Industries Inc. (MYE) Stock Split History

Myers Industries Inc. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on September 01, 1992 with the ratio of 5-for-4, meaning that for 4 shares of MYE owned pre-split, shareholders then owned 5 shares. 9 more splits have been implemented since then. The most recent stock split took place on August 11, 2004 on a 11-for-10 basis.

These splits have increased MYE 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 Myers Industries Inc.'s total market capitalization.

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

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