May 26, 1998
2:1
For every share held, investors received 2.
The split itself did not change the total investment value.
MSC Industrial Direct Company, Inc. (MUN:98M) operates in the Wholesale distributors industry.
MSC Industrial Direct Company, Inc. company overviewMSC Industrial Direct Company, Inc.'s most recent stock split was on May 26, 1998. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
MSC Industrial Direct Company, Inc. has split its stock once. This history records one forward split, on May 26, 1998.
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 MSC Industrial Direct Company, Inc.'s 2-for-1 split on May 26, 1998, every share became 2 shares.
MSC Industrial Direct Company, Inc. has not announced a new split in our records. Its most recent split was on May 26, 1998, 28 years ago. Companies announce splits in advance, and any new MUN:98M split will appear on this page.