7/29/2023 0 Comments Snap on stock priceLooking at the Snap-On stock split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. This does not always happen, however, often depending on the underlying fundamentals of the business. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. When a company such as Snap-On splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. For example, a 2000 share position pre-split, became a 3000 share position following the split. Shares of SNA owned pre-split, the shareholder now owned 3 shares. SNA's second split took place on September 11, 1996. For example, a 1000 share position pre-split, became a 2000 share position following the split. Split, meaning for each share of SNA owned pre-split, the shareholder now owned 2 shares. The first split for SNA took place on July 28, 1986. Snap-On (SNA) has 2 splits in our Snap-On stock split history database.
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