L.S. Starrett Co. (SCX) Stock Split History

L.S. Starrett Co. has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on January 09, 1981 with the ratio of 2-for-1, meaning that for 1 share of SCX owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on October 06, 1988 on a 2-for-1 basis.

These actions have increased SCX 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 change the number of shares and the price per share with no impact on L.S. Starrett Co.'s total market capitalization.

For more detailed information of L.S. Starrett Co.'s stock splits, view the table below:

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