Mar 28, 2005
2:1
For every share held, investors received 2. The price per share adjusted from $47.55 to $23.78.
The split itself did not change the total investment value.
McGrath RentCorp (NASDAQ:MGRC) operates in the Finance/Rental/Leasing industry.
McGrath RentCorp company overviewMcGrath RentCorp's most recent stock split was on March 28, 2005. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
McGrath RentCorp (NASDAQ:MGRC) has split its stock 3 times: a 2-for-1 split on April 22, 1991, a 2-for-1 split on April 28, 1997, and a 2-for-1 split on March 28, 2005.
McGrath RentCorp has split its stock 3 times. This history records 3 forward splits between April 22, 1991 and March 28, 2005.
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 McGrath RentCorp's 2-for-1 split on March 28, 2005, every share became 2 shares.
McGrath RentCorp has not announced a new split in our records. Its most recent split was on March 28, 2005, 21 years ago. Companies announce splits in advance, and any new NASDAQ:MGRC split will appear on this page.