Unlike wood, Trex composite decking won't: ROT, WARP OR SPLINTER. Quotes. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. The newly minted shares will be issued to shareholders after the closing bell on Friday, September 11th. Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. A few days later and with a lot less fanfare, Trex Company Inc (NYSE:TREX) also announced an upcoming stock split. Frequently Asked Questions. Data is currently not available. On August 3, 2020, the Company announced Board … Find dividend paying stocks and pay dates. Compare. PRESS RELEASE Businesswire . Find a Pre-Designed Look. The latest closing stock price for Trex as of December 18, 2020 is 83.88. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split. WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (TREX) , the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Trex Company’s 2-For-1 Stock Split Becomes Effective Today Business Wire WINCHESTER, Va. -- September 15, 2020 Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of … Jun. 19, 2018, 08:00 AM . The additional shares were distributed yesterday in the form of a 100% stock … The company expects 2020 gross margin to be 45% to 50%, including expenses related to COVID-19, and full-year selling, general, and administrative (SG&A) expenses are expected to improve by 80 to 100 basis points. Other Calendars Dividends. Trex had no outstanding borrowings from the credit facility at the end of the quarter. Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. The stock split will be in the form of a stock … Trex shares are trading higher after UBS initiated coverage on the stock with a Buy rating and announced a price target of $94 per share. Trex's (NYSE: TREX) common stock will begin trading today on a 2-for-1 split-adjusted basis. Then, Tesla Inc. (TSLA) piled on and announced a … Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Find the latest dividend history for Trex Company, Inc. Common Stock (TREX) at Nasdaq.com. If the share price gets too low, companies can do reverse splits. PRESS RELEASE Businesswire . The all-time high Trex stock closing price was 83.88 on December 18, 2020. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, ... the Company announced Board approval for a 2-for-1 stock split. Trex is United States Stock traded on New York Stock Exchange Now, if X decides to split its stock 5-for-1, as Tesla did last month, the number of shares outstanding will quintuple to 500 -- but here's the crucial fact to remember: These shares still represent the same company they did before the split. WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. GlobeNewsWire - 3 months ago. Trex (TREX) topped earnings views and gave strong guidance, while the stock will also be split. Find dividend paying stocks and pay dates. Earnings. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. Capital spending for 2020 should be $150 million to $170 million. Trex (TREX) has 3 splits in our TREX split history database. Decking & Railing Duos: A shortcut to style. The Ex-distribution Date is September 15, 2020. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national Stock Advisor launched in February of 2002. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Prices shown are actual historical values and are not adjusted for either splits or dividends. DEFINE YOUR LOOK. The stock split will be in the form of a stock dividend to be distributed on June 18, 2018 to shareholders of record on May 23, 2018. Please see the "Historical Prices" tab for adjusted price values. ADA Handrail. Historical daily share price chart and data for Trex since 1999 adjusted for splits. Sep. 15, 2020, 08:00 AM . Stock Splits; Latest News. After the Tesla Stock Split: 2 "Splits" to Avoid, and 1 to Watch Rich Smith | Sep 14, 2020 Stocks split because their businesses are booming -- not the other way around. Returns as of 01/11/2021. Share your opinion and gain insight from other stock traders and investors. ET "Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. Stock Splits; Latest News. Press Release Trex Company’s 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. Data is currently not available. "Additionally, market leadership, brand recognition and strong channel partnerships have enabled Trex to gain share from the large wood market as consumers increasingly recognize the benefits of Trex composite products.". Evan graduated from the University of Texas at Austin, and is a CFA charterholder. Revenue in the second quarter was $221 million, ahead of the $201 million in sales that analysts were expecting. Learn More. Stock split history for Trex since 1999. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Trex Company, Inc. (NYSE: TREX), the world’s number-one brand of decking and railing and leader in high-performance, ... 2018, the Company announced Board approval for a 2-for-1 stock split. The first split for TREX took place on May 08, 2014. 1 0. And, on 8/3, Trex Inc. (TREX) announced a 2 for 1 split effective 9/14. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. If the share price of a security gets too high, a company can perform a stock split by issuing all shareholders an extra share, thereby halving the price of an individual share. ET Skip to content. The big news in the world of splits was, of course, the recent declaration by Apple of a 4 for 1 split, effective 8/31, notes split expert Neil Macneale, editor of 2 for 1.. And, on 8/3, Trex Inc. announced a 2 for 1 split effective 9/14.Then, Tesla Inc. piled on and announced a 5 for 1 split, effective 8/28.Let’s hope this is a signal the drought in stock splits is coming to an end. In April 2020, it had a reverse stock split of 1-for-8. The company, which makes industrial decking products, added $100 million in borrowing capacity to its revolver in May to reduce risk around COVID-19 and increase financial flexibility. WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. GlobeNewsWire - 3 months ago. FADE OR STAIN. Stock splits are used by Trex Co., Inc. to keep share prices within reasonable numbers to encourage investment. Find the latest dividend history for Trex Company, Inc. Common Stock (TREX) at Nasdaq.com. How-To Americana Deck Ideas Inspired by the … This video file cannot be played. The first split for TREX took place on May 08, 2014. Please see the "Historical Prices" tab for adjusted price values. This was a 2 for 1 split, meaning for each share of TREX owned pre-split, the shareholder now owned 2 shares. Compare. Aluminum Gates. SEE THE ADVANTAGES. Made from high-performance composite. The Record Date is August 19, 2020. The big news in the world of splits was, of course, the recent declaration by Apple (AAPL) of a 4 for 1 split, effective 8/31, notes split expert Neil Macneale, editor of 2 for 1. Compare TREX With Other Stocks ... 2 for 1 stock split. A company that pays out close to half its earnings as dividends and retains the other half of earnings has ample room to grow its business and pay out more dividends in the future. Trex Company, Inc. is based in Winchester, United States. Historical daily share price chart and data for Trex since 1999 adjusted for splits. Trex had previously withdrawn its full-year guidance due to uncertainty related to the pandemic but is now comfortable issuing a new outlook for 2020. Data is currently not available. It also announced a 2-for-1 stock split. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. Trex Co Inc (NYSE:TREX) traded in a range yesterday that spanned from a low of $72.69 to a high of $74.52. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, ... the Company announced Board approval for a 2-for-1 stock split. 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