Patterson Companies Inc. (PDCO) Stock Split History

Patterson Companies Inc. has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on June 20, 1994 with the ratio of 3-for-2, meaning that for 2 shares of PDCO owned pre-split, shareholders then owned 3 shares. 3 more splits have been implemented since then. The most recent stock split took place on October 25, 2004 on a 2-for-1 basis.

These splits have increased PDCO 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 Patterson Companies Inc.'s total market capitalization.

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

The answer will depend on the decisions of the company's managers and market volatility. Patterson Companies 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 PDCO stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Patterson Companies Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.