Newmont Corporation (NEM) has split its stock
three times
since going public,
reflecting periods of strong long-term growth and rising share prices.
Newmont Corporation’s most recent stock split was a
5-for-4 split on April 22, 1994,
following a 3-for-2 split on October 9, 1987.
Earlier, Newmont Corporation executed
2-for-1 stock splits on June 11, 1987.
Stock splits do not change Newmont Corporation’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.
Newmont Corporation has a market cap of $119.14 Billion (as of May 29, 2026), making it the world's # 194 largest company by market cap.
Continue Reading...
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.
How many times has Newmont Corporation’s stock split?
Newmont Corporation’s stock has split
three times
since the company went public.
The splits occurred on a 5-for-4 basis in 1994, a 3-for-2 basis in 1987, and on a 2-for-1 basis in 1987.
Does a stock split change Newmont Corporation’s market value?
No. A stock split does not change
Newmont Corporation’s market cap ($119.14 B)
or the total value of an investor’s holdings.
It only increases the number of shares outstanding while
proportionally reducing the stock price.