Goodyear Tire Rubber Co (GT) Stock Split History

Goodyear Tire Rubber Co has split its stock once since its initial public offering (IPO). The stock split of Goodyear Tire Rubber Co occurred on May 05, 1993 on a 2-for-1 basis, meaning that for 1 share of GT owned pre-split, shareholders then owned 2 shares.

This action has increased the 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 changes the number of shares and the price per share with no impact on Goodyear Tire Rubber Co's total market capitalization.

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