Encore Wire Corp. (WIRE) Stock Split History

Encore Wire Corp. has split its stock 3 times since its initial public offering (IPO). The first stock split occurred on August 19, 1997 with the ratio of 3-for-2, meaning that for 2 shares of WIRE owned pre-split, shareholders then owned 3 shares. 2 more splits have been implemented since then. The most recent stock split took place on August 17, 2004 on a 3-for-2 basis.

These splits have increased WIRE 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 Encore Wire Corp.'s total market capitalization.

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

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