Oct 18, 2006
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $26.65 to $17.77.
The split itself did not change the total investment value.
Eastern Company (The) (NASDAQ:EML) operates in the Tools & hardware industry.
Eastern Company (The) company overviewEastern Company (The)'s most recent stock split was on October 18, 2006. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
Eastern Company (The) (NASDAQ:EML) has split its stock 6 times: a 5-for-4 split on May 18, 1973, a 3-for-2 split on July 5, 1977, a 2-for-1 split on June 16, 1988, a 3-for-2 split on March 18, 1991, a 3-for-2 split on June 16, 1999, and a 3-for-2 split on October 18, 2006.
Eastern Company (The) has split its stock 6 times. This history records 6 forward splits between May 18, 1973 and October 18, 2006.
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 Eastern Company (The)'s 3-for-2 split on October 18, 2006, every 2 shares became 3 shares.
Eastern Company (The) has not announced a new split in our records. Its most recent split was on October 18, 2006, 20 years ago. Companies announce splits in advance, and any new NASDAQ:EML split will appear on this page.