Dec 21, 1994
2:1
For every share held, investors received 2. The price per share adjusted from $32.50 to $16.25.
The split itself did not change the total investment value.
Credit Acceptance Corporation (NASDAQ:CACC) operates in the Finance/Rental/Leasing industry.
Credit Acceptance Corporation company overviewCredit Acceptance Corporation's most recent stock split was on December 21, 1994. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Credit Acceptance Corporation (NASDAQ:CACC) has split its stock 3 times: a 2-for-1 split on March 18, 1993, a 3-for-2 split on December 27, 1993, and a 2-for-1 split on December 21, 1994.
Credit Acceptance Corporation has split its stock 3 times. This history records 3 forward splits between March 18, 1993 and December 21, 1994.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Credit Acceptance Corporation's 2-for-1 split on December 21, 1994, every share became 2 shares.
Credit Acceptance Corporation has not announced a new split in our records. Its most recent split was on December 21, 1994, 31 years ago. Companies announce splits in advance, and any new NASDAQ:CACC split will appear on this page.