Distribution Solutions Group Inc
NASDAQ:DSGR
DSGR's latest stock split occurred on Sep 1, 2023
The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.
Before the split, DSGR traded at 51.53 per share. Afterward, the share price was about 24.84.
The adjusted shares began trading on Sep 1, 2023. This was DSGR's 5th stock split, following the previous one in Apr 19, 1988.
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Distribution Solutions Group Inc
Glance View
Distribution Solutions Group Inc. operates as a dynamic force within the industrial distribution sector, specializing in the delivery of vital goods and services that power countless industries. The company has carved a niche for itself by efficiently bridging the gap between manufacturers and end users, providing an extensive product portfolio that includes everything from general maintenance supplies to high-tech mechanical components. Through its strategic alliances with manufacturers, the firm offers broad and deep product lines, enabling customers to procure diverse items under a single roof. This consolidation not only simplifies procurement processes but also allows Distribution Solutions Group to leverage bulk buying, securing favorable terms and pricing which contributes positively to its margins. The core strength of Distribution Solutions Group lies in its robust logistics and supply chain management capabilities. By harnessing cutting-edge technology and a network of efficient distribution centers, the company guarantees timely delivery, an unwavering commitment to customer satisfaction that drives repeat business. Furthermore, its value-added services, such as inventory management, technical support, and custom packaging, enhance its service offering, creating additional revenue streams and fostering customer loyalty. In essence, Distribution Solutions Group Inc. thrives on understanding and preemptively fulfilling the needs of its industrial clientele, thereby sustaining a profitable mixture of volume sales and service-driven income.
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