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Broadcom announced a 10-for-1 stock split to make shares more accessible to all investors. ... (NASDAQ: AVGO) latest investor update. *Stock prices used were the afternoon prices of June 11, 2024 ...
Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. . Broadcom's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial m
In between March and May 2008, the SEC announced charges against Broadcom for fraudulently backdating stock options for nearly five years, from June 1998 to May 2003. [18] In its complaint, the SEC alleged that Broadcom's top officers at the time had misrepresented the dates on which stock options were granted to executives and employees.
Stock splits come in two forms, one of which has a considerably better track record of making long-term investors richer. ... Broadcom (NASDAQ: AVGO): 10-for-1* MicroStrategy (NASDAQ: MSTR): 10 ...
Broadcom shares have soared well past $1,000 in recent times.
The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
A stock split increases the number of shares while reducing the price per share, ... In all, Apple has split its stock five times in its history. Tesla. In 2020, Tesla split its stock 5-to-1. This ...
The chart below shows that the company has had six stock splits in its history. Skip to main content. Subscriptions ... Stock Split Payment Date. Split Ratio. Oct. 25, 1978. 3-for-2. Oct. 24, 1979 ...