Steven Madden Ltd. (SHOO) Stock Split History

Steven Madden Ltd. has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on May 26, 2006 with the ratio of 3-for-2, meaning that for 2 shares of SHOO owned pre-split, shareholders then owned 3 shares. 4 more splits have been implemented since then. The most recent stock split took place on October 12, 2018 on a 3-for-2 basis.

These splits have increased SHOO 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 Steven Madden Ltd.'s total market capitalization.

For more detailed information of Steven Madden Ltd.'s stock splits, view the table below:

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