Worthington Industries, Inc. (WOR) Stock Split History

Worthington Industries, Inc. has split its stock 11 times since its initial public offering (IPO). The first stock split occurred on September 30, 1974 with the ratio of 2-for-1, meaning that for 1 share of WOR owned pre-split, shareholders then owned 2 shares. 10 more splits have been implemented since then. The most recent stock split took place on December 01, 2023 on a 1622-for-1000 basis.

These splits have increased WOR 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 Worthington Industries, Inc.'s total market capitalization.

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

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