Nicholas Financial, Inc. (NICK) Stock Split History

Nicholas Financial, Inc. has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on September 05, 1997 with the ratio of 1-for-3, meaning that for 3 shares of NICK owned pre-split, shareholders then owned 1 share. 3 more splits have been implemented since then. The most recent stock split took place on November 18, 2009 on a 11-for-10 basis.

These splits have increased NICK 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 Nicholas Financial, Inc.'s total market capitalization.

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

NICK stock split list

Date	Split Ratio
2009-11-18	11 - for - 10
2005-06-20	3 - for - 2
2001-09-11	2 - for - 1
1997-09-05	1 - for - 3

Will Nicholas Financial, Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Nicholas Financial, 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 NICK stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Nicholas Financial, 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
V	2015-03-19	4 - for - 1
MA	2014-01-22	10 - for - 1
AXP	2000-05-11	3 - for - 1
COF	1999-06-02	3 - for - 1
ALLY	2014-04-10	310 - for - 1
CACC	1994-12-21	2 - for - 1
FCFS	2006-02-22	2 - for - 1
SLM	2003-06-23	3 - for - 1
LU	2023-12-15	1 - for - 4