.September 12, 2024 12:10:10 AM

Cintas Corporation (NASDAQ:CTAS) has announced a 4-for-1 forward stock split to make shares more affordable and attractive to a wider range of investors. The split will take effect on September 12, 2024, without changing the overall value of investors’ holdings. CTAS’s stock price has been performing strongly, reaching a new 52-week high of $820.93. The company’s market capitalization is approximately $82.61 billion, highlighting its significant size and market influence. The stock split, coupled with strong performance, positions Cintas favorably for the future.