Virco Manufacturing Corp. (VIRC) Stock Split History

Virco Manufacturing Corp. has split its stock 10 times since its initial public offering (IPO). The first stock split occurred on September 14, 1993 with the ratio of 11-for-10, meaning that for 10 shares of VIRC owned pre-split, shareholders then owned 11 shares. 9 more splits have been implemented since then. The most recent stock split took place on September 04, 2002 on a 11-for-10 basis.

These splits have increased VIRC 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 Virco Manufacturing Corp.'s total market capitalization.

For more detailed information of Virco Manufacturing Corp.'s stock splits, view the table below:

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