Two-for-one split to lift Mueller Industries (NYSE: MLI) share count
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Mueller Industries, Inc. announced a two-for-one forward stock split of its common stock, to be implemented through an amendment to its Restated Certificate of Incorporation and a proportionate increase in authorized shares. Stockholders of record as of the close of trading on June 25, 2026 will receive one additional share for each share held. The additional shares are expected to be distributed after the close of trading on June 30, 2026, with trading on the New York Stock Exchange anticipated to begin on a split-adjusted basis on July 1, 2026, subject to exchange approval. Following the split, outstanding common shares are expected to increase to approximately 221.1 million, and related stock awards, equity incentive plans, the regular quarterly dividend, and other agreements will be proportionately adjusted.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Stock split ratio: Two-for-one
Record date: June 25, 2026
Distribution date: June 30, 2026
+2 more
5 metrics
Stock split ratio
Two-for-one
Forward stock split of common stock
Record date
June 25, 2026
Close of trading; determines eligible stockholders
Distribution date
June 30, 2026
Additional shares distributed after close of trading
Split-adjusted trading start
July 1, 2026
Trading expected to begin on split-adjusted basis, subject to NYSE approval
Post-split shares outstanding
Approximately 221.1 million shares
Expected outstanding common stock after the stock split
Key Terms
two-for-one forward stock split, authorized shares of common stock, record date, equity incentive plans, +1 more
5 terms
two-for-one forward stock split financial
"Mueller Industries, Inc. announced today that its Board of Directors has declared a two-for-one forward stock split."
A two-for-one forward stock split doubles the number of shares each shareholder owns by replacing every existing share with two new shares, while the overall value of their holding and the company’s market value stay the same. It matters to investors because the per-share price is roughly halved, making shares more affordable and often easier to trade—like cutting a large pizza into more, smaller slices so more people can buy a piece without changing the total pizza.
record date financial
"each stockholder of record as of the close of trading on June 25, 2026 (the “record date”) will receive one additional share"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
equity incentive plans financial
"proportionate adjustments will be made to ... the number of shares issuable under the Company’s equity incentive plans"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
forward-looking statements regulatory
"Statements in this release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of earliest event reported): | June 2, 2026 | ||||
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission File | (IRS Employer | ||||||
| of incorporation) | Number) | Identification No.) | ||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
| Registrant’s telephone number, including area code: | ||||||||
| Registrant’s Former Name or Address, if changed since last report: | N/A | ||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new of revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01. | Other Events. | ||||
On June 1, 2026, the Company announced a two-for-one forward stock split (the “Stock Split”), of the Company’s issued common stock to be effected through the filing of an amendment to the Company's Restated Certificate of Incorporation (the “Amendment”), with the Secretary of the State of Delaware. The Amendment will result in a proportionate increase in the number of shares of authorized common stock. As a result of the Stock Split, each record holder of common stock as of the close of market on Thursday, June 25, 2026 will receive one additional share of common stock, to be distributed after the close of market on Tuesday, June 30, 2026. Trading is expected to commence on a split-adjusted basis at market open on Wednesday, July 1, 2026.
| Item 9.01. | Financial Statements and Exhibits. | ||||
(d) Exhibits
| 99.1 | Press release, dated June 1, 2026. | |||||||
2
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| MUELLER INDUSTRIES, INC. | |||||||||||
| By: | /s/ CHRISTOPHER J. MIRITELLO | ||||||||||
| Name: | Christopher J. Miritello | ||||||||||
| Title: | Executive Vice President - General Counsel & Secretary | ||||||||||
| June 2, 2026 | |||||||||||
3
Mueller Industries, Inc. Announces Two-for-One Stock Split
COLLIERVILLE, Tenn., June 1, 2026 -- Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a two-for-one forward stock split. The Board of Directors also approved a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. As a result of the stock split, which will be effected through an amendment to the Company’s Restated Certificate of Incorporation, each stockholder of record as of the close of trading on June 25, 2026 (the “record date”) will receive one additional share for every share held as of the record date. The additional share is expected to be distributed after the close of trading on June 30, 2026, and trading is expected to begin on a split-adjusted basis at market open on July 1, 2026, subject to the approval of the New York Stock Exchange.
The stock split is expected to increase the number of shares of the Company’s outstanding common stock to approximately 221.1 million. As a result of the stock split, proportionate adjustments will be made to the number of shares of the Company’s common stock underlying the Company’s outstanding stock awards, the number of shares issuable under the Company’s equity incentive plans, the Company’s regular quarterly stock dividend and other agreements. The Company anticipates filing a Form 8-K with the U.S. Securities and Exchange Commission after the effective date to report an amendment to the Company’s Restated Certificate of Incorporation effecting the stock split and reflecting a proportionate adjustment to the total number of authorized shares of the Company’s common stock.
Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; electrical transmission; medical; aerospace and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East.
| ********************* | ||||||||
Statements in this release that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties. These include risks relating to whether our shareholders will approve the proposed charter amendment, economic and currency conditions, continued availability of raw materials and energy, market demand, pricing, competitive and technological factors, and the availability of financing, among others, as set forth in the Company’s SEC filings. The words “outlook,” “estimate,” “project,” “intend,” “expect,” “believe,” “target,” “encourage,” “anticipate,” “appear,” and similar expressions are intended to identify forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date of this report. The Company has no obligation to publicly update or revise any forward-looking statements to reflect events after the date of this report.
CONTACT
Jeffrey A. Martin
(901) 753-3226
FAQ
What stock split did Mueller Industries (MLI) announce?
Mueller Industries announced a two-for-one forward stock split of its common stock. Each stockholder of record on June 25, 2026 will receive one additional share for every share held, effectively doubling the number of outstanding shares after the split is completed.
When is the record date for Mueller Industries’ two-for-one stock split?
The record date for Mueller Industries’ stock split is the close of trading on June 25, 2026. Shareholders listed as of that date will be entitled to receive one additional share of common stock for each share they own on the record date.
When will Mueller Industries trade on a split-adjusted basis after the stock split?
Mueller Industries expects its common stock to begin trading on a split-adjusted basis on July 1, 2026. This timing is subject to the approval of the New York Stock Exchange and follows the June 30, 2026 distribution of additional shares.
How will Mueller Industries’ stock split affect equity plans and dividends?
Mueller Industries states that proportionate adjustments will be made to shares underlying outstanding stock awards, shares issuable under equity incentive plans, its regular quarterly stock dividend, and other agreements. These adjustments are intended to reflect the two-for-one increase in outstanding common shares.