16.96
price up icon27.61%   +3.67
 
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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.

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 1998-03-03 3 - for - 1
TRV 1998-05-12 2 - for - 1
ALL 1998-07-02 2 - for - 1
HIG 1998-07-16 2 - for - 1
WRB 2022-03-24 3 - for - 2
MKL 1989-09-11 120 - for - 100
CINF 2005-04-04 21 - for - 20
L 2006-05-09 3 - for - 1
CNA 1998-06-02 3 - for - 1
AFG 2006-12-18 3 - for - 2
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
insurance_property_casualty CNA
$44.50
price up icon 0.50%
insurance_property_casualty L
$75.19
price up icon 0.37%
$112.81
price up icon 0.62%
insurance_property_casualty MKL
$1,471.52
price down icon 0.20%
insurance_property_casualty WRB
$85.31
price down icon 0.47%
insurance_property_casualty HIG
$95.88
price up icon 1.44%
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