Lindsay Corp (LNN) Stock Split History

Lindsay Corp has split its stock 5 times since its initial public offering (IPO). The first stock split occurred on May 16, 1990 with the ratio of 3-for-2, meaning that for 2 shares of LNN owned pre-split, shareholders then owned 3 shares. 4 more splits have been implemented since then. The most recent stock split took place on June 16, 1998 on a 3-for-2 basis.

These splits have increased LNN 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 Lindsay Corp's total market capitalization.

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

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