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Newpark Resources, Inc. (NR) Stock Split History

Newpark Resources, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on November 28, 1995 with the ratio of 21-for-20, meaning that for 20 shares of NR owned pre-split, shareholders then owned 21 shares. 2 more splits have been implemented since then. The most recent stock split took place on November 28, 1997 on a 2-for-1 basis.

These splits have increased NR 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 Newpark Resources, Inc.'s total market capitalization.

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

NR stock split list

Date Split Ratio
1997-11-28 2 - for - 1
1997-06-23 2 - for - 1
1995-11-28 21 - for - 20

Will Newpark Resources, Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Newpark Resources, 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 NR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Newpark Resources, 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
SLB 2006-04-10 2 - for - 1
HAL 2006-07-17 2 - for - 1
TS 2006-04-27 5 - for - 1
FTI 2017-01-17 2 - for - 1
NOV 2007-10-01 2 - for - 1
OII 2011-06-13 2 - for - 1
XPRO 2021-10-04 6 - for - 1
RES 2012-03-12 3 - for - 2
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