Ryder System Inc (R) Stock Split History

Ryder System Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on May 23, 1978 with the ratio of 103-for-100, meaning that for 100 shares of R owned pre-split, shareholders then owned 103 shares. 9 more splits have been implemented since then. The most recent stock split took place on December 15, 1993 on a 23-for-20 basis.

These splits have increased R 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 Ryder System Inc's total market capitalization.

For more detailed information of Ryder System Inc's stock splits, view the table below:

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