Shyft Group Inc (SHYF) Stock Split History

Shyft Group Inc has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on October 01, 1991 with the ratio of 3-for-2, meaning that for 2 shares of SHYF owned pre-split, shareholders then owned 3 shares. 3 more splits have been implemented since then. The most recent stock split took place on June 29, 2007 on a 3-for-2 basis.

These splits have increased SHYF 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 Shyft Group Inc's total market capitalization.

For more detailed information of Shyft Group Inc's stock splits, view the table below:

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