Jan 28, 1998
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $39.25 to $26.17.
The split itself did not change the total investment value.
The Marzetti Company (NASDAQ:MZTI) operates in the Food: specialty/candy industry.
The Marzetti Company company overviewThe Marzetti Company's most recent stock split was on January 28, 1998. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
The Marzetti Company (NASDAQ:MZTI) has split its stock 8 times: a 3-for-2 split on January 11, 1978, a 3-for-2 split on January 5, 1983, a 5-for-4 split on July 29, 1986, a 11-for-10 split on December 28, 1987, a 3-for-2 split on May 1, 1992, a 4-for-3 split on April 16, 1993, a 4-for-3 split on July 21, 1994, and a 3-for-2 split on January 28, 1998.
The Marzetti Company has split its stock 8 times. This history records 8 forward splits between January 11, 1978 and January 28, 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 The Marzetti Company's 3-for-2 split on January 28, 1998, every 2 shares became 3 shares.
The Marzetti Company has not announced a new split in our records. Its most recent split was on January 28, 1998, 28 years ago. Companies announce splits in advance, and any new NASDAQ:MZTI split will appear on this page.