RGC Resources, Inc. (RGCO) Stock Split History

RGC Resources, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on July 05, 1994 with the ratio of 2-for-1, meaning that for 1 share of RGCO owned pre-split, shareholders then owned 2 shares. 2 more splits have been implemented since then. The most recent stock split took place on March 02, 2017 on a 3-for-2 basis.

These splits have increased RGCO 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 RGC Resources, Inc.'s total market capitalization.

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

RGCO stock split list

Date	Split Ratio
2017-03-02	3 - for - 2
2011-09-02	2 - for - 1
1994-07-05	2 - for - 1

Will RGC Resources, Inc. Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. RGC Resources, 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 RGCO stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by RGC Resources, 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
ATO	1994-05-17	3 - for - 2
NI	2015-07-02	2545 - for - 1000
UGI	2014-09-08	3 - for - 2
NJR	2015-03-04	2 - for - 1
BIPC	2022-06-13	3 - for - 2
SR	1994-03-08	2 - for - 1
CPK	2014-09-09	3 - for - 2
NWN	1996-09-09	3 - for - 2
RGCO	2017-03-02	3 - for - 2