Tennant Co (TNC) Stock Split History

Tennant Co has split its stock 4 times since its initial public offering (IPO). The first stock split occurred on May 18, 1972 with the ratio of 2-for-1, meaning that for 1 share of TNC owned pre-split, shareholders then owned 2 shares. 3 more splits have been implemented since then. The most recent stock split took place on July 26, 2006 on a 2-for-1 basis.

These splits have increased TNC 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 Tennant Co's total market capitalization.

For more detailed information of Tennant Co's stock splits, view the table below:

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