Mueller Industries Raises Shares With Two-for-One Stock Split
Mueller Industries announced a two-for-one stock split on June 1, 2026, setting up one additional share for every share held at the close of trading on June 25. The split is expected to lift outstanding common stock to approximately 221.1 million shares. Holders will see the change flow through the share count first, then into awards, plans, and the quarterly dividend.
June 25 Record Date
Each stockholder of record as of the close of trading on June 25, 2026 will receive one additional share for every share held. The additional share is expected to be distributed after the close of trading on June 30, 2026, giving existing holders a straightforward one-for-one increase before the market opens on the split-adjusted basis.
July 1 Trading Start
Trading is expected to begin on a split-adjusted basis at market open on July 1, 2026, subject to New York Stock Exchange approval. That timetable comes after the company files a Form 8-K with the U.S. Securities and Exchange Commission following the effective date, reporting the amendment to its Restated Certificate of Incorporation and the proportionate increase in authorized common shares.
Mueller Awards And Dividend
Proportionate adjustments will be made to the number of shares underlying outstanding stock awards, the shares issuable under equity incentive plans, and the regular quarterly stock dividend. The Board of Directors also approved a proportionate increase in authorized common stock to accommodate the split, so the mechanics extend beyond the quoted share count and into every equity-linked program the company uses.
Approximately 221.1 million shares is the target post-split common stock count, and that is the number investors, employees with awards, and dividend holders will need to watch once the split takes effect. For readers who hold Mueller shares, the practical checkpoint is the June 25 record date; after that, the distribution lands June 30 and the market is scheduled to price the stock on the adjusted basis July 1.