AMCON Distributing Stock to Split on Monday, March 23rd

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Shares of AMCON Distributing Company (NYSEAMERICAN:DIT), a wholesale distributor of tobacco, vaping products, and convenience store items, will undergo a 1.5-1 stock split before the market opens on Monday, March 23rd. The newly issued shares will be distributed to shareholders after the market closes on Sunday, March 22nd.

Why it matters

The stock split will make AMCON's shares more accessible to a wider range of investors, potentially increasing trading volume and liquidity. As a regional distributor serving convenience stores and independent retailers across the Southeastern and South Central United States, AMCON's stock split could signal confidence in the company's growth prospects.

The details

AMCON Distributing, headquartered in Brentwood, Tennessee, operates a network of regional warehouses and a dedicated delivery fleet to serve convenience stores, independent retailers, gas stations, and small grocery outlets. The company's core portfolio includes cigarettes, smokeless tobacco, e-liquids, snacks, beverages, and general merchandise.

• The 1.5-1 stock split will occur before the market opens on Monday, March 23rd, 2026.
• The newly issued shares will be distributed to shareholders after the market closes on Sunday, March 22nd, 2026.