Deckers approves six-for-one stock split set for September
Deckers Outdoor (DECK) — the footwear company that includes UGG, Sanuk, and Hoka One One in its brand portfolio — has approved a six-for-one stock split that will take affect after the stock market close on Friday, September 6.
The Market Domination team monitors Deckers’ year-to-date stock gains.
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This post was written by Luke Carberry Mogan.
Video Transcript
Our next trending ticker deckers, the footwear brand, approving a six for one stock split and also approving an increase in the number of shares of common stock preferred stock to accommodate the stocks.
But split is gonna happen after a market closed on September 6th with the new shares being released after market close on September 16.
So that, that was the, that was the headline here.
The board approves a 616 for one forward stock split.
Put it before the shareholders at the September 9th annual meeting.
We’ll see what they have to say about it.
Yeah, this is the owner of HOA and Uggs Hoos in particular have been very popular and they’ve been on a run.
The speaking of runs, the stock has been on a run.
It’s up over uh 60% 60% over the past year.
I look, took a little walk down memory lane for this one.
It went public all the way back in 1993 at $15 a share.
And you can see the shares are almost at 900 bucks today.
This is not the first time they’ve split the shares either they did a three for one split back in 2010.
So, um, second ever split for Deckers, we’ve had, we’ve talked about splits a lot recently micro strategy just this week.
I know it’s been ticking up a little bit.
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