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In 1964, the company name was changed to Stryker Corporation. [6] In 1979, Stryker made an initial public offering of stock and later acquired Osteonics Corporation, entering the replacement hip, knee, and other orthopedic implants market (Stryker). In 1999 annual sales reached $2.1 billion, and in 2000 Stryker was included in the S&P 500 and ...
A stock split increases the number of shares while reducing the price per share, ... For example, suppose XYZ Corp.’s stock is selling at $1,000 per share. The company thinks that’s too pricey ...
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Stryker Corporation (NYSE: SYK ) has approached Boston Scientific Corporation (NYSE: BSX ) with a buyout opportunity, according to The Wall Street Journal . Boston Scientific shares spiked 11 ...
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.
The three types of corporate divisions are commonly known as spin-offs, split-offs and split-ups. The spin-off involves a distribution of property to shareholders without the surrender of any stock, which thus resembles a dividend. The split-off resembles a redemption because the shareholders have relinquished stock of the distributing corporation.
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