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Costco Stock Split History A Look Back And A Look Ahead

Costco Stock Split History: A Look Back and a Look Ahead

Introduction

Costco Wholesale Corporation (COST) is a membership warehouse club that operates a chain of warehouse-style stores in the United States and internationally. The company's stock has been publicly traded since 1986, and it has split its stock several times over the years.

Stock Split History

Costco's stock has split four times since its initial public offering (IPO) in 1986. The splits occurred on the following dates:

  • June 2, 1989: 2-for-1 split
  • January 23, 1993: 3-for-2 split
  • February 21, 2000: 2-for-1 split
  • January 25, 2023: 3-for-1 split

As a result of these splits, Costco's stock price has become more affordable for investors. The current stock price is around $500, which is significantly lower than the price of $1,500 that it reached in 2021.

Potential for Future Stock Splits

Given Costco's history of stock splits and its current high stock price, it is possible that the company could split its stock again in the future. However, there is no guarantee that this will happen. The decision of whether or not to split the stock is ultimately up to the company's board of directors.

If Costco does decide to split its stock again, it would likely be a positive sign for investors. A stock split can make a stock more affordable for investors, which can lead to increased demand and a higher stock price.


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