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Global Payments was founded in 1996 and spun off from National Data Corporation, its former parent company, in 2001. [12] Global Payments has been an independent, publicly-traded company on the New York Stock Exchange having the ticker symbol “GPN” since its spin off.
Global Payments Inc. (NYSE:GPN) shares are trading lower on Wednesday following the company’s investor conference, in which it guided FY25 EPS growth below estimates. The company forecasted ...
First, splits make company stock more affordable to everyday investors by reducing the price of an individual share. Second, splits increase the number of shares on the market.
The company has split its stock twice in the last five years: a 4-for-1 split in 2021 followed by a 10-for-1 split in June of this year, bringing its share price to a more affordable $118.
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.
Global Payments Integrated (formerly OpenEdge Payments, LLC) is an American company providing financial technology services via payment processing integration. [4] Headquartered in Lindon, Utah , Global Payments Integrated is a subsidiary of Global Payments whose stock is a component of the S&P 500 stock market index.
As the term implies, a stock split divides the shares into multiple pieces. For example, you own 100 shares of Company X at $100 per share. If that company instituted a 4-for-1 stock split, shares ...
The company was acquired by Global Payments for $4.3 billion in 2016. [ 3 ] [ 4 ] Heartland Payment Systems provides payment processing for more than 275,000 business locations in the United States and processes more than 11 million transactions a day and more than $80 billion in transactions a year, as of 2014.