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70.98
0.03%
0.02
After Hours:
70.55
-0.43
-0.61%
Root Inc (ROOT) Stock Split History
Root Inc has split its stock once since its initial public offering (IPO). The stock split of Root Inc occurred on August 15, 2022 on a 1-for-18 basis, meaning that for 18 shares of ROOT owned pre-split, shareholders then owned 1 share.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Root Inc's total market capitalization.
This action has increased the stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only changes the number of shares and the price per share with no impact on Root Inc's total market capitalization.
ROOT stock split list
| Date | Split Ratio |
|---|---|
| 2022-08-15 | 1 - for - 18 |
Will Root Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Root 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 ROOT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Root 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 |
|---|---|---|
| PGR | 2006-05-19 | 4 - for - 1 |
| CB | 2006-04-19 | 2 - for - 1 |
| TRV | 1998-05-12 | 2 - for - 1 |
| ALL | 1998-07-02 | 2 - for - 1 |
| HIG | 1998-07-16 | 2 - for - 1 |
| WRB | 2024-06-24 | 3 - for - 2 |
| CINF | 2005-04-04 | 21 - for - 20 |
| MKL | 1989-09-11 | 120 - for - 100 |
| L | 2006-05-09 | 3 - for - 1 |
| CNA | 1998-06-02 | 3 - for - 1 |
| AFG | 2006-12-18 | 3 - for - 2 |
| ORI | 2006-01-03 | 5 - for - 4 |
| RLI | 2014-01-16 | 2 - for - 1 |
| SIGI | 2007-02-21 | 2 - for - 1 |
| KMPR | 1999-03-29 | 2 - for - 1 |
| MCY | 1997-10-10 | 2 - for - 1 |
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