Steel Connect Inc (STCN) Stock Split History

Steel Connect Inc has split its stock 8 times since its initial public offering (IPO). The first stock split occurred on April 03, 1995 with the ratio of 3-for-2, meaning that for 2 shares of STCN owned pre-split, shareholders then owned 3 shares. 7 more splits have been implemented since then. The most recent stock split took place on June 22, 2023 on a 375-for-3500 basis.

These splits have increased STCN 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 Steel Connect Inc's total market capitalization.

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

STCN stock split list

Date	Split Ratio
2023-06-22	375 - for - 3500
2007-11-01	1 - for - 10
2000-01-12	2 - for - 1
1999-05-28	2 - for - 1
1999-01-12	2 - for - 1
1998-05-12	2 - for - 1
1996-02-05	2 - for - 1
1995-04-03	3 - for - 2

Will Steel Connect Inc Stock Split in 2024?

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

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
FDX	1999-05-07	2 - for - 1
EXPD	2006-06-26	2 - for - 1
EXPD	2006-06-26	2 - for - 1
JBHT	2005-05-24	2 - for - 1
CHRW	2005-10-17	2 - for - 1
LSTR	2005-01-10	2 - for - 1
HUBG	2024-01-29	2 - for - 1
PBI	1998-01-20	2 - for - 1
FWRD	2005-04-04	3 - for - 2
CYRX	2015-05-19	1 - for - 12
RLGT	2005-10-21	7 - for - 2
STCN	2023-06-22	375 - for - 3500