Oil-Dri Corp. Of America (ODC) Stock Split History

Oil-Dri Corp. Of America has split its stock 7 times since its initial public offering (IPO). The first stock split occurred on December 21, 1978 with the ratio of 3-for-2, meaning that for 2 shares of ODC owned pre-split, shareholders then owned 3 shares. 6 more splits have been implemented since then. The most recent stock split took place on September 11, 2006 on a 5-for-4 basis.

These splits have increased ODC 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 Oil-Dri Corp. Of America's total market capitalization.

For more detailed information of Oil-Dri Corp. Of America's stock splits, view the table below:

ODC stock split list

Date	Split Ratio
2006-09-11	5 - for - 4
1990-03-16	5 - for - 4
1987-07-17	4 - for - 3
1986-07-17	4 - for - 3
1984-11-13	4 - for - 3
1983-07-28	2 - for - 1
1978-12-21	3 - for - 2

Will Oil-Dri Corp. Of America Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Oil-Dri Corp. Of America 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 ODC stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Oil-Dri Corp. Of America'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