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Timken Co (TKR) Stock Split History
Timken Co has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on September 01, 1988 with the ratio of 2-for-1, meaning that for 1 share of TKR owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on June 02, 1997 on a 2-for-1 basis.
These actions have increased TKR 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 Timken Co's total market capitalization.
For more detailed information of Timken Co's stock splits, view the table below:
These actions have increased TKR 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 Timken Co's total market capitalization.
For more detailed information of Timken Co's stock splits, view the table below:
TKR stock split list
Date | Split Ratio |
---|---|
1997-06-02 | 2 - for - 1 |
1988-09-01 | 2 - for - 1 |
Will Timken Co Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Timken 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 TKR stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Timken Co's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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