One of the key events in the company's history is its stock splitĪltria's stock split history dates back to 1925 when the company first announced its stock split.Since then, Altria has undergone six stock splits.The most recent one occurred in June 2020, when the company split its shares 2-for-1.This stock split led to an increase in the number of outstanding shares and a reduction in the share price.Īs a result, shareholders who held the stock before the split received two shares for every one held, while the overall value of their holdings remained the same.Altria's Stock Split HistoryDate of SplitType of Split1st Split19252-for-12nd Split19463-for-13rd Split19632-for-14th Split19703-for-15th Split19872-for-16th SplitJune 20202-for-1Stock splits are primarily an accounting procedure that does not affect the underlying value of a company.Instead, the main benefit of a stock split is to increase the liquidity and attractiveness of a company's shares to a wider range of investors.Additionally, stock splits make it easier for investors to buy and sell shares in smaller lots, which gives them more profitability. ![]() Welcome to our blog discussing Altria Group's stock split history and its impact on shareholders.Are you an investor interested in understanding how stock splits can affect your investment returns? If so, you've come to the right place.In this article, we will explore Altria's stock split history, the potential impact of stock splits on shareholders, and conduct an analysis of Altria's stock performance post-splits.So, let's dive in and learn more about Altria's stock splits and what they mean for investors.Īltria's Stock Split HistoryAltria, formerly known as Philip Morris Companies, is a well-known American corporation that deals in tobacco, wine, and food products.The company founded in 1985 has been maintaining its legacy and growth for many decades and has established itself as a prominent brand in the market.
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