Powell Industries Reveals 3-For-1 Stock Split Effective On April 6, 2026

Powell Industries, Inc. (NASDAQ: POWL) has announced a three-for-one forward stock split, effective April 6, 2026, following approval from its Board of Directors. The company will also increase the number of authorized shares to accommodate the split. Shareholders of record as of March 20, 2026, will receive two additional shares for every one share held. Trading is expected to commence on a split-adjusted basis on April 6, 2026, pending final approval by Nasdaq.