Tootsie Roll Industries Inc (TR) Stock Split History

Tootsie Roll Industries Inc has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on February 28, 2014 with the ratio of 103-for-100, meaning that for 100 shares of TR owned pre-split, shareholders then owned 103 shares. 9 more splits have been implemented since then. The most recent stock split took place on March 03, 2023 on a 34-for-33 basis.

These splits have increased TR 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 Tootsie Roll Industries Inc's total market capitalization.

For more detailed information of Tootsie Roll Industries Inc's stock splits, view the table below:

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