Cummins (CMI) has split its stock
three times
since going public,
reflecting periods of strong long-term growth and rising share prices.
Cummins’s most recent stock split was a
2-for-1 split on January 3, 2008,
following a 2-for-1 split on April 10, 2007.
Earlier, Cummins executed
2-for-1 stock splits on November 12, 1993.
Stock splits do not change Cummins’s total market value,
but they increase the number of shares outstanding and reduce the per-share price,
making the stock more accessible to investors.
Cummins has a market cap of $92.48 Billion (as of May 28, 2026), making it the world's # 262 largest company by market cap.
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Market Capitalization, often referred to as "Market Cap" is the total value of a company's outstanding shares. It is calculated by multiplying the company's current share price by the total number of shares outstanding. Market cap is a quick measure of a company's size and market value.
Cummins’s stock has split
three times
since the company went public.
The splits occurred on a 2-for-1 basis in 2008, a 2-for-1 basis in 2007, and on a 2-for-1 basis in 1993.
Does a stock split change Cummins’s market value?
No. A stock split does not change
Cummins’s market cap ($92.48 B)
or the total value of an investor’s holdings.
It only increases the number of shares outstanding while
proportionally reducing the stock price.