Magna International
NYSE: MGA
Consumer Discretionary
Auto Parts
Canada
Magna International Stock Split History Overview
This company has undergone a total of two stock splits throughout its history. Two forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 03/26/2015 with a ratio of 2-for-1. If an investor had purchased one share prior to the first split on 11/26/2010, that single share would now have grown to 4 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Magna International (NYSE: MGA) Stock Split History
| Date | Split Ratio | Multiple | Cumulative multiple | Type |
|---|---|---|---|---|
| 03/26/2015 | 2:1 | x2 | x4 | Forward |
| 11/26/2010 | 2:1 | x2 | x2 | Forward |
Frequently Asked Questions
If Magna International (stock symbol: NYSE: MGA) had never undergone any stock splits, its price per share today would be approximately 146.48 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 2-for-1) that occurred on 03/26/2015.
Magna International (stock symbol: NYSE: MGA) has undergone a total of two stock splits. The most recent split occurred on 03/26/2015. One share bought prior to the first split on 11/26/2010 would now equal 4.00 shares.
Magna International (stock symbol: NYSE: MGA) has undergone two stock splits in its history. The most recent split, a 2-for-1 split, occurred on 03/26/2015. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.
