Shoe Carnival, Inc. (SCVL) Stock Split History

Shoe Carnival, Inc. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on October 25, 1993 with the ratio of 3-for-2, meaning that for 2 shares of SCVL owned pre-split, shareholders then owned 3 shares. 2 more splits have been implemented since then. The most recent stock split took place on July 20, 2021 on a 2-for-1 basis.

These splits have increased SCVL 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 Shoe Carnival, Inc.'s total market capitalization.

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

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