Envista Holdings Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on January 12, 2006 with the ratio of 1-for-300, meaning that for 300 shares of NVST owned pre-split, shareholders then owned 1 share. The most recent stock split took place on August 19, 2008 on a 1-for-10 basis.
These actions have increased NVST 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 change the number of shares and the price per share with no impact on Envista Holdings Corp's total market capitalization.
For more detailed information of Envista Holdings Corp's stock splits, view the table below:
The answer will depend on the decisions of the company's managers and market volatility. Envista Holdings 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 NVST stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Envista Holdings Corp's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
