Sonic Automotive, Inc. (SAH) Stock Split History

Sonic Automotive, Inc. has split its stock once since its initial public offering (IPO). The stock split of Sonic Automotive, Inc. occurred on January 26, 1999 on a 2-for-1 basis, meaning that for 1 share of SAH owned pre-split, shareholders then owned 2 shares.

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 Sonic Automotive, Inc.'s total market capitalization.

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