49.77
price down icon0.36%   -0.18
after-market  After Hours:  49.705  -0.065   -0.13%
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Navios Maritime Partners L.P. (NMM) Stock Split History

Navios Maritime Partners L.P. has split its stock once since its initial public offering (IPO). The stock split of Navios Maritime Partners L.P. occurred on May 21, 2019 on a 1-for-15 basis, meaning that for 15 shares of NMM owned pre-split, shareholders then owned 1 share.

This action has increased the 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 changes the number of shares and the price per share with no impact on Navios Maritime Partners L.P.'s total market capitalization.

NMM stock split list

Date Split Ratio
2019-05-21 1 - for - 15

Will Navios Maritime Partners L.P. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Navios Maritime Partners L.P. 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 NMM stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Navios Maritime Partners L.P.'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
KEX 2006-06-01 2 - for - 1
MATX 1988-06-03 2 - for - 1
SBLK 2016-06-20 1 - for - 5
GOGL 2016-08-01 1 - for - 5
DAC 2019-05-02 1 - for - 14
DAC 2019-05-02 1 - for - 14
NMM 2019-05-21 1 - for - 15
NMM 2019-05-21 1 - for - 15
GSL 2019-03-25 1 - for - 8
CPLP 2019-03-28 1 - for - 7
marine_shipping SFL
$13.44
price down icon 0.44%
$16.85
price up icon 3.06%
$24.01
price up icon 0.67%
$17.88
price up icon 0.62%
marine_shipping ZIM
$19.65
price down icon 2.53%
$13.51
price down icon 0.52%
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