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A stock split is when a company decides to exchange its stock for more (and sometimes fewer) shares of its own stock, with the price per share adjusting so that there is no change in the overall ...
Arista Networks completed a 4-for-1 stock split, payable Dec. 3, 2024. Palo Alto Networks initiated a 2-for-1 stock split, payable Dec. 13, 2024. There's a good reason investors are so enamored ...
Sunoco Race Fuels is a refiner and distributor of racing fuels. Originally featuring two high-octane options (Sunoco 260 and 280), Sunoco Race Fuels now produces 18 different high-performance fuel blends, which are used for all types of professional motorsports. All Sunoco Race Fuels products are refined at Sunoco LP's Marcus Hook facility. [89]
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.
Shell fuel previously included the RU2000 and SU2000 lines (later there was a SU2000E) but they have been superseded by the V-Power line. [14] In 2023 Shell USA (North American division of Shell plc) became the Official Fuel of the NTT IndyCar Series they will supply 100% Ethanol-sourced fuel.
A stock split doesn't change the overall market value of a company or anything fundamental -- but through the issuance of more shares to current holders, it lowers the per-share price.
The company is the third largest ethanol fuel producer in North America (as of February 2012). [4] It was reported in early 2012 that the company ships approximately one billion gallons of ethanol per year. [3] The company employs approximately 640 people, [5] and was founded by Barry Ellsworth. [5]
The average return after a stock split is announced in the year that follows is 25.4%. That's about a 13% greater return than the market over the same period. This chart lays it out nicely.