28.20
0.72%
-0.26
After Hours:
28.20
Kennametal Inc (KMT) Stock Split History
Kennametal Inc has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on November 09, 1970 with the ratio of 110-for-100, meaning that for 100 shares of KMT owned pre-split, shareholders then owned 110 shares. 4 more splits have been implemented since then. The most recent stock split took place on December 19, 2007 on a 2-for-1 basis.
These splits have increased KMT 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 Kennametal Inc's total market capitalization.
For more detailed information of Kennametal Inc's stock splits, view the table below:
These splits have increased KMT 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 Kennametal Inc's total market capitalization.
For more detailed information of Kennametal Inc's stock splits, view the table below:
KMT stock split list
Date | Split Ratio |
---|---|
2007-12-19 | 2 - for - 1 |
1994-08-23 | 2 - for - 1 |
1980-03-11 | 2 - for - 1 |
1975-11-20 | 2 - for - 1 |
1970-11-09 | 110 - for - 100 |
Will Kennametal Inc Stock Split in 2024?
The answer will depend on the decisions of the company's managers and market volatility. Kennametal 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 KMT stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Kennametal Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.
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