Publix Stock Split History: Will The Private Grocer Go Public?
March 15, 2018 | 2 min to read
The pace of initial public offerings has slowed in recent years, as companies have found ample sources of capital without having to comply with the often frustrating regulations and requirements involved in being a publicly traded company. Publix Super Markets , Inc. has been one of the 10 largest private companies in the U.S., and those who live in the southern part of the country know very well about the Florida-based grocery store chain. With almost 1,200 stores in the Southeastern U.S., Publix is approaching the centennial of its founding, and some believe that the company might be poised to go public at some point in the not-too-distant future to go up against industry giants such as Kroger .
One unusual thing about Publix is that although it's a private company, its employees have access to shares through an employee stock purchase plan. As such, Publix reveals decisions about when to do stock splits. Publix has indeed split its shares on several occasions in the past, and what it's said about its stock price gives a sense of how the company has grown over time. Let's look more closely at Publix Super Markets' stock split history and what it means for those who expect an IPO in the near future.
Publix Super Markets' history of stock splits
Here are the dates and split ratios for the stock splits that Publix Super Markets' has done in the past:
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