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106.12
0.72%
+0.6338
Patrick Industries, Inc. (PATK) Stock Split History
Patrick Industries, Inc. has split its stock 9 times since its initial public offering (IPO). The first stock split occurred on November 12, 1971 with the ratio of 3-for-2, meaning that for 2 shares of PATK owned pre-split, shareholders then owned 3 shares. 8 more splits have been implemented since then. The most recent stock split took place on December 11, 2017 on a 3-for-2 basis.
These splits have increased PATK 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 Patrick Industries, Inc.'s total market capitalization.
For more detailed information of Patrick Industries, Inc.'s stock splits, view the table below:
These splits have increased PATK 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 Patrick Industries, Inc.'s total market capitalization.
For more detailed information of Patrick Industries, Inc.'s stock splits, view the table below:
PATK stock split list
| Date | Split Ratio |
|---|---|
| 2017-12-11 | 3 - for - 2 |
| 2015-06-01 | 3 - for - 2 |
| 1994-03-23 | 2 - for - 1 |
| 1993-06-10 | 3 - for - 2 |
| 1988-10-07 | 110 - for - 100 |
| 1986-03-21 | 110 - for - 100 |
| 1976-06-09 | 105 - for - 100 |
| 1972-08-08 | 106 - for - 100 |
| 1971-11-12 | 3 - for - 2 |
Will Patrick Industries, Inc. Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Patrick Industries, 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 PATK stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Patrick Industries, 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 |
|---|---|---|
| TPX | 2020-11-24 | 4 - for - 1 |
| MHK | 1997-12-05 | 3 - for - 2 |
| WHR | 1987-01-02 | 2 - for - 1 |
| LEG | 1998-06-16 | 2 - for - 1 |
| PATK | 2017-12-11 | 3 - for - 2 |
| MLKN | 1998-03-17 | 2 - for - 1 |
| AMWD | 2004-09-27 | 2 - for - 1 |
| LZB | 1998-09-15 | 3 - for - 1 |
| LZB | 1998-09-15 | 3 - for - 1 |
| ETD | 1999-05-24 | 3 - for - 2 |
| ETD | 1999-05-24 | 3 - for - 2 |
| SNBR | 2006-06-09 | 3 - for - 2 |
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