Powell Industries, Inc. Announces 3-for-1 Stock Split

What Happened
Powell Industries, Inc. (NASDAQ: POWL) filed an amendment to its Amended and Restated Certificate of Incorporation on March 31, 2026 to implement a previously announced three-for-one forward stock split. The amendment becomes effective at 5:00 p.m. Eastern Time on April 1, 2026, and trading is expected to commence on a split-adjusted basis at market open on April 6, 2026.

Key Details

• 3-for-1 forward stock split previously announced by the company.
• Authorized common shares increased from 30,000,000 to 90,000,000 via the Certificate of Amendment.
• Amendment filed March 31, 2026; effective 5:00 p.m. ET on April 1, 2026.
• Split-adjusted trading expected to begin April 6, 2026 at market open.

Why It Matters
The amendment legally implements the stock split and increases the number of authorized common shares to permit the split. Investors will see share counts and per-share prices adjusted on a three-for-one basis when trading opens April 6, 2026; brokerage accounts and market quotes should reflect the split on that date.