OPENLANE, Inc.
KAR
Rank in Stocks
#4983
OPENLANE, Inc., established in 2006 and headquartered in Carmel, Indiana,... OPENLANE, Inc., established in 2006 and headquartered in Carmel, Indiana, functions as a leading digital ecosystem for the trading of pre-owned vehicles. This platform seamlessly connects both sellers and buyers across the United States, Canada, Continental Europe, and the United Kingdom. The company's operations are strategically divided into two core areas: Marketplace and Finance. The Marketplace segment provides advanced digital solutions for automotive transactions, including the OPENLANE platform, which empowers dealerships with mobile app-enabled tools for efficient inventory sourcing and sales. Beyond its central trading capabilities, this division also furnishes a comprehensive array of supplementary services designed to streamline the vehicle transaction lifecycle. These include full-service logistics for transportation, reconditioning, thorough vehicle inspection and certification, title management, various administrative support tasks, and collateral recovery. Its diverse clientele encompasses commercial fleet operators, financial institutions, car rental agencies, new and used vehicle dealerships, and automotive manufacturers. Conversely, the Finance segment focuses on delivering short-term, inventory-backed lending solutions, specifically floorplan financing, predominantly to independent vehicle dealers. It also extends its services to other commercial and franchise dealer partners. Notably, the enterprise, previously known as KAR Auction Services, Inc., underwent a rebranding and officially became OPENLANE, Inc. in May 2023.
Share Price
$27.44
Last synced: 2026-03-17
Market Cap
$2.92B
Change (1 day)
3.98%
Change (1 year)
4.93%
Country
US
Trade OPENLANE, Inc. (KAR)
Category
Consumer Cyclical
Stock split history for OPENLANE, Inc. (KAR)
OPENLANE, Inc. stock (symbol: KAR) underwent a total of 1 stock splits.
The most recent stock split occurred on Jun 28, 2019.
One KAR share bought prior to Jun 28, 2019 would equal to 2.642 KAR shares today.
The most recent stock split occurred on Jun 28, 2019.
One KAR share bought prior to Jun 28, 2019 would equal to 2.642 KAR shares today.
Stock split list
| Year | Split | Multiple | Cumulative Multiple |
|---|---|---|---|
| 2019-06-28 | 1321:500 | x2.642 | x2.642 |
Stock splits for similar companies or competitors
| Company | Number of stock splits | Cumulative Multiple | Country |
|---|---|---|---|
| 0 | - |
US
|
|
| 1 | x2 |
US
|
|
| 1 | x10 |
BE
|
|
| 0 | - |
US
|
|
| 2 | x1 |
TW
|
