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did under armour stock split history

did under armour stock split history

This article answers “did under armour stock split” by providing a detailed, sourced chronology of Under Armour’s stock splits and Class C stock dividend (2012, 2014, 2016), explains share-class me...
2026-01-14 05:49:00
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Under Armour stock splits

Quick answer: did under armour stock split — Yes. Under Armour carried out conventional 2-for-1 stock splits in 2012 and 2014 and a Class C stock dividend in April 2016 that functioned like a 2-for-1 split for holders of the public classes; a small administrative adjustment followed in June 2016. This article walks through the timeline, why the company acted, how shareholders were affected (shares, voting, taxes, fractional-share cash-in-lieu), why some public data sources disagree, and how to verify your holdings.

Background — Under Armour share classes and tickers

Under Armour has historically operated a multi-class capital structure. The company’s structure included:

  • Class A shares (ticker historically shown as UAA): publicly traded, carry voting rights (one vote per share) but often fewer votes than Class B on a per-share basis after allocations were set.
  • Class B shares: founder-and-insider class (higher voting power per share) used to preserve founder control; typically not widely traded.
  • Class C shares (ticker at times shown as UA or UA.C): originally issued as non‑voting public shares. The April 2016 corporate action created a new Class C share that traded differently from existing classes.

As of the corporate actions described below, public reporting used different tickers (UAA and UA) to distinguish share classes. For clarity, always check Under Armour’s Investor Relations and your broker statements for which class you hold. As of March 16, 2016, Under Armour’s investor communications documented the Class C stock dividend and explained the share-class differences; as of December 2016, media reports provided additional ticker-explanation context.

Chronological history of splits and related corporate actions

This section provides a detailed, dated timeline answering the question did under armour stock split across the material corporate events.

July 10, 2012 — 2-for-1 stock split

  • Event: Under Armour executed a conventional 2-for-1 stock split.
  • Effect: Each shareholder received one additional share for every share held; share count doubled and the per-share price was adjusted accordingly.
  • Reporting context: Stock-split summary databases list a 2-for-1 split date in July 2012. This was a standard split intended to increase share availability and perceived affordability for retail investors.

April 2014 — 2-for-1 stock split (announced Mar 17, 2014)

  • As of March 17, 2014, according to the company press release, the Board approved a two-for-one stock split to be effected in the form of a stock dividend. The distribution occurred in April 2014 (distribution mechanics followed the standard 1-for-1 extra share per share model).
  • Effect: Share count doubled for the affected share class(es), which reduced the per-share trading price proportionately.
  • Company rationale communicated at the time: management stated the objective included broadening the investor base and increasing trading liquidity for Under Armour stock.

April 2016 — Class C stock dividend (announced Mar 16, 2016; distributed Apr 7–8, 2016)

  • As of March 16, 2016, Under Armour announced a corporate action to issue one share of newly created Class C common stock for each outstanding share of its existing publicly traded common stock. The distribution of Class C shares occurred in early April 2016.
  • As of April 8, 2016, media coverage documented that the issuance of Class C shares functioned economically like a 2-for-1 split for most public holders: overall public float doubled, and prices adjusted accordingly when the new class began trading. The company characterized the action as a stock dividend creating a new, non‑voting class (Class C), while the founder’s Class B shares retained weighted voting control.
  • Trading and ticker mechanics: The newly issued Class C shares traded under their own designation (variously shown in market feeds as UA.C or UA depending on vendor) while legacy Class A shares continued to trade under UAA. Market quotes and reporting conventions varied among vendors in the weeks after distribution.

June 2016 — small adjustment split and cash-in-lieu for fractional shares

  • After April’s Class C dividend, a small administrative ratio adjustment was reported in mid‑June 2016. Some split-history databases record an odd micro-ratio around June 13, 2016 (reported ratios in public aggregators varied: a ratio reported as roughly 1.007098:1 or represented as 100709:100000 by some sources).
  • Effect: The tiny mechanical adjustment produced fractional shares for some holders; brokers issued cash-in-lieu payments for fractional entitlements rather than delivering fractional certificate shares. Company filings and broker confirmations explained exact cash-in-lieu mechanics and payment dates.
  • Why it happened: The Class C dividend plus conversion of ticker conventions produced rounding and reconciliation steps that required a minor mechanical adjustment in share counts. Data vendors sometimes label that reconciliation as a “split” or “adjustment,” which accounts for differing public records.

Post-2016 — ticker and labeling changes

  • After the 2016 actions, public reporting and market data vendors used different ticker conventions to reflect class differences (UAA vs UA, UA.C etc.). As of late 2016, media outlets and investor relations documents clarified ticker usage and class characteristics for investors.
  • Investors should rely on Under Armour’s official investor communications for authoritative tag and class mapping.

Why the company did it and market effects

  • Company rationale: Under Armour’s stated reasons for the 2014 two-for-one split and the 2016 Class C stock dividend included broadening the investor base, enhancing liquidity, and making shares more accessible to a wider set of retail and institutional investors. The 2016 action also created a non‑voting class to enable public participation in equity while preserving control for insiders via the higher‑voting Class B shares.

  • Market effects: In each case, the raw mechanics of a split or stock dividend reduce the per‑share price while increasing the number of shares outstanding. Markets typically adjust share price proportionally on the record/ex‑date. Over time, liquidity and investor demand can change price behavior, but immediate post-distribution price moves are generally mechanical. For April 2016, media reported that markets adjusted to the new Class C issuance and that trading feeds initially reflected multiple tickers/classes.

  • Voting control: Despite doubling publicly available shares through the Class C issuance in 2016, voting control remained concentrated with the founder’s Class B shares. Under Armour’s filings and press releases explicitly noted that the distribution preserved meaningful control via existing higher‑vote shares.

Impact on shareholders — shares, voting, tax and accounting

This section explains how each action affected holders and what to look for on statements.

  • Shares received: For the standard 2-for-1 splits (2012, 2014) shareholders received one additional share per share owned, doubling counts. For the April 2016 event, holders of public shares received one Class C share for each share held — effectively doubling the public float for those classes.

  • Voting: The Class C shares issued in 2016 were described by the company as non‑voting or limited‑voting; therefore, although holders received more economic exposure, voting power remained concentrated in higher‑vote classes (Class B). This is an important distinction for holders who weigh governance and voting rights separately from economic ownership.

  • Tax basis and Form 8937: For certain corporate distributions, companies file IRS Form 8937 to disclose the pro rata basis allocations required for tax reporting when corporate actions change the number or type of shares. Under Armour filed information documents regarding the 2016 Class C dividend that describe allocation mechanics; shareholders should consult the company’s Form 8937 and their tax advisor for specific basis allocation and tax reporting responsibilities.

  • Fractional shares and cash-in-lieu: The June 2016 reconciliation created fractional share entitlements for many holders. Brokers typically convert fractional remnant amounts to cash-in-lieu and remit payment to the holder. Cash-in-lieu calculations and payment timing are handled by brokers following company instructions; your broker statement or transaction confirmation will show the exact amounts and settlement dates.

  • Accounting/bookkeeping: Broker account records and cost basis reporting services will adjust share counts and cost basis per the company’s tax disclosures. When reconciling your holdings, use the company’s press releases, Form 8937, and broker confirmations as authoritative sources.

Conflicting data and source notes

Public aggregators and split-history databases sometimes list different split dates, ratios, or label the 2016 action differently. Reasons for discrepancies include:

  • Nature of the action: The April 2016 event was a stock dividend creating a new share class (Class C) rather than a single-class conventional split; data vendors that are optimized for classic single-class splits may mark it differently.
  • Micro adjustments: The June 2016 tiny reconciliation or adjustment involved a nonstandard ratio that some vendors translate into an odd split ratio, producing inconsistent entries across histories.
  • Ticker mapping: Different data feeds use different ticker conventions for the new Class C shares (UA, UA.C, etc.), and vendor mapping affects historical alignment and how splits are shown in time series.

Recommendation: Rely on Under Armour’s official press releases and its investor relations documents (including Form 8937) and your brokerage confirmations for authoritative records. Aggregators are useful for quick reference but can reflect interpretation differences for multi‑class corporate actions.

How to verify for your holdings

If you want to confirm how these actions affected your holdings, take the following steps:

  1. Check Under Armour’s Investor Relations pages and the company’s SEC/filing disclosures (look for the press releases dated March 17, 2014 and March 16, 2016 and Form 8937 filings). As of March 16, 2016 and April 2016 the company’s own documents explain the structure and distribution terms.
  2. Review the issuer press releases (2014 two-for-one announcement and 2016 Class C stock dividend announcement) and note the record and distribution dates. As of March 17, 2014, the company announced the two-for-one split; as of March 16, 2016, the company announced the Class C dividend.
  3. Check your broker’s transaction confirmations and account history for the distribution entries and for any cash-in-lieu payments (June 2016 adjustments were commonly reconciled as cash-in-lieu for fractional shares).
  4. Consult Form 8937 filed by the company (this form typically explains how tax basis should be allocated when shares are distributed or reclassified).
  5. For historical price series, use multiple data vendors and reconcile differences by referencing the company’s official event dates.
Practical tip: If you trade or custody equities and prefer an integrated platform for spot trading and wallet custody, consider Bitget and Bitget Wallet for account management and secure custody. Always verify your broker confirmations regardless of trading venue.

Conflicts of interpretation among public datasets — examples and explanation

Several publicly available split-history sources show different entries for Under Armour around 2016. For example:

  • Some aggregators list a single entry for an April 2016 2-for-1 split, while others list a Class C stock dividend followed by a small June 2016 micro‑adjustment.
  • Some databases convert the Class C dividend into a conventional split entry, while others keep it as a separate class issuance.

Why this happens: Data vendors apply different normalization rules. A stock dividend creating a separate share class is conceptually different from a company issuing an extra share in the same class; vendors that only support single-class splits will often represent the event as a split to fit their schemas. Judicially reading company filings is the only way to resolve such interpretative differences.

Practical checklist for investors asking “did under armour stock split?”

  • If your question is simply “did under armour stock split?” the short factual answer is yes — multiple times (2012 and 2014 conventional 2-for-1 splits; April 2016 Class C stock dividend effectively doubled public shares for many holders; small June 2016 reconciliation followed).
  • If you need to know how many shares you owned after the events, consult your broker’s activity history and the company’s Form 8937 and press releases.
  • If you are reconciling cost basis or preparing tax records, use the company’s tax disclosure forms and consider a tax professional because basis allocation rules can be specific to the nature of the corporate distribution.

Sources and dated reporting notes

The following primary sources were referenced in compiling this chronology and explanation. Dates below show when the event was reported or when company announcements were released.

  • Under Armour Investor Relations — Stock Information & IRS Form 8937. (Company filings and investor documents provide authoritative distribution and tax-basis detail.)
  • PR Newswire — Under Armour Announces A Two-For-One Stock Split (reported Mar 17, 2014). As of Mar 17, 2014, Under Armour announced a Board-approved two-for-one split to broaden the shareholder base.
  • PR Newswire — Under Armour Announces Class C Stock Dividend (reported Mar 16, 2016). As of Mar 16, 2016, the company announced the issuance of Class C shares to public holders.
  • MarketWatch — Coverage of the April 2016 Class C issuance and market price adjustments (reported Apr 8, 2016). As of Apr 8, 2016, media described how the market reflected the new Class C shares.
  • StockSplitHistory — Under Armour split history entries (aggregated split-history data showing 2012, 2014, and 2016 entries).
  • Macrotrends — Under Armour — Stock Splits history (aggregated timeline summarizing the company split actions).
  • iCLUB FAQ — Treatment of the 2016 Class C stock dividend and June 2016 fractional-share cash-in-lieu reconciliations (explains broker-level treatment and voting impact).
  • WTOP / U.S. News — Explainers on UA vs UAA share-class and ticker differences (Dec 2016 coverage explained class/ticker conventions after 2016 corporate events).
  • CompaniesMarketCap — Small June 13, 2016 split/adjustment ratio listing (records the micro‑ratio reported by some aggregators).
  • AlphaSpread — Summary of recent splits including Apr 8, 2016 Class C issuance (provides a concise split chronology).

Note: For precise, legally-binding details about adjustments, taxes and settlement amounts, always use the company’s official filings and your broker confirmations.

Frequently asked follow-ups investors ask

  • Did Under Armour’s Class C dividend change my voting rights? In general, the Class C shares issued in April 2016 were described by the company as non‑voting (or limited-voting), so while you might have more economic shares, voting control remained with the higher‑vote classes. Check the company’s press release and Form 8937 for exact language.

  • How were fractional shares handled after the June 2016 reconciliation? Brokers typically paid cash-in-lieu for fractional entitlements produced by the administrative adjustment. Your broker statement should show the exact cash amount and settlement date.

  • Are historical price series adjusted for these events? Most price series are adjusted for splits and dividends, but multi-class stock dividends can complicate normalization. Validate with the data vendor and review the company’s official event dates to confirm adjustments.

How Bitget resources can help

  • For traders or investors who prefer an integrated spot trading experience and secure custody, Bitget provides trading interfaces and Bitget Wallet for custody of digital assets. If you are tracking equities in parallel with crypto activity or using Bitget’s educational resources, verify your equities records separately through your brokerage and Under Armour investor materials.

  • Reminder: This article is informational and not investment advice. Always confirm corporate-action details with Under Armour’s official filings and your brokerage.

Further reading and next steps

  • If you would like, I can produce a concise chronological timeline with exact dates and short notes pulled from the primary filings, or extract and summarize the specific shareholder instructions from Under Armour’s Form 8937 and the 2014/2016 press releases.

  • Practical next action: review your broker confirmations for April–June 2016 entries and compare them to Under Armour’s press releases (Mar 17, 2014 and Mar 16, 2016) and Form 8937 for tax-basis allocation.

Helpful reminder: did under armour stock split? Yes — 2012 and 2014 conventional 2-for-1 splits plus a 2016 Class C stock dividend that acted like a 2-for-1 split for many public holders, followed by a small June 2016 reconciliation. For definitive records, rely on Under Armour’s investor communications and your broker statements.

References (primary sources cited above)

  • Under Armour Investor Relations — Stock Information & IRS Form 8937 (company filings and tax disclosures).
  • PR Newswire — Under Armour Announces A Two-For-One Stock Split (Mar 17, 2014).
  • PR Newswire — Under Armour Announces Class C Stock Dividend (Mar 16, 2016).
  • MarketWatch — Under Armour stock price reflects Class C issuance (Apr 8, 2016).
  • StockSplitHistory — Under Armour split history (aggregated database entries).
  • Macrotrends — Under Armour — Stock Splits history.
  • iCLUB — FAQ and treatment for 2016 Class C stock dividend and cash-in-lieu (June 2016 reconciliation overview).
  • WTOP / U.S. News — Explainers on share-class tickers and voting differences (Dec 2016 reporting).
  • CompaniesMarketCap — small June 13, 2016 adjustment ratio listing.
  • AlphaSpread — UAA stock splits summary.

As of the dates cited above, these sources reported the events summarized here; for exact numeric settlement amounts, cash-in-lieu values, and tax-basis allocations, consult the company’s filings and your broker confirmations.

Next step

If you want a timeline table that you can copy into a spreadsheet (dates, event type, effect on shares, voting impact, tax form references), respond and I will prepare a downloadable-ready table. To manage crypto-related custody or to explore secure custody options in parallel, consider Bitget Wallet for crypto holdings and verify equity records via your broker.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.
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