Primo Brands Corp (PRMW) Stock Split History

Primo Brands Corp has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on July 23, 1992 with the ratio of 2-for-1, meaning that for 1 share of PRMW owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on July 26, 1993 on a 2-for-1 basis.

These actions have increased PRMW 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 change the number of shares and the price per share with no impact on Primo Brands Corp's total market capitalization.

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

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