NewMarket Corp. (NEU) Stock Split History

NewMarket Corp. has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on January 03, 1978 with the ratio of 2-for-1, meaning that for 1 share of NEU owned pre-split, shareholders then owned 2 shares. 6 more splits have been implemented since then. The most recent stock split took place on July 01, 2002 on a 1-for-5 basis.

These splits have increased NEU 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 NewMarket Corp.'s total market capitalization.

For more detailed information of NewMarket Corp.'s stock splits, view the table below:

NEU stock split list

Date	Split Ratio
2002-07-01	1 - for - 5
1994-03-11	2 - for - 1
1993-07-01	3 - for - 2
1986-06-02	2 - for - 1
1985-04-02	2 - for - 1
1983-04-12	2 - for - 1
1978-01-03	2 - for - 1

Will NewMarket Corp. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. NewMarket 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 NEU stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by NewMarket Corp.'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
LIN	2003-12-16	2 - for - 1
SHW	2021-04-01	3 - for - 1
ECL	2003-06-09	2 - for - 1
APD	1998-06-16	2 - for - 1
DD	2019-06-03	1 - for - 3
PPG	2015-06-15	2 - for - 1
IFF	1994-01-20	3 - for - 1
WLK	2014-03-19	2 - for - 1
ALB	2007-03-02	2 - for - 1
RPM	1997-12-09	5 - for - 4
SQM	2008-03-31	10 - for - 1
EMN	2011-10-04	2 - for - 1
OLN	1996-10-31	2 - for - 1
CBT	1996-03-25	2 - for - 1
NEU	2002-07-01	1 - for - 5
ALTM	2024-01-04	41 - for - 17