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The price of Walmart shares following the stock split, which will take effect after markets close on February 23, will be divided by three when markets reopen on Monday, February 26. So investors ...
For the 12th time in 50 years, Walmart will conduct a stock split in an effort to make shares more affordable for its employees. Walmart last carried out a 2-for-1 stock split on April 20, 1999.
Walmart is making its share price more affordable just as it gives its store managers pay raises and annual stock grants of up to $20,000.. The company announced a three-for-one stock split this ...
Walmart has been off to the races this year.The retail giant beat its fourth quarter earnings estimates, announced the acquisition of smart TV maker Vizio (), and conducted a 3-for-1 stock split ...
As a result of its skyrocketing stock price, Nvidia's board of directors authorized a 10-for-1 stock split in May of this year, bringing the company's stock price down from over $1,200 to around $120.
When Chipotle announced a 50-for-1 stock split in March, it offered a similar explanation to Walmart, saying it would make the stock more accessible to employees and a broader range of investors.
Similar to Walmart, Chipotle is conducting a split to make its nearly $3,200-per-share stock more accessible to its employees. If shareholders give Chipotle the green light, its shares will trade ...
When this split was completed after the close of trading on Feb. 23, Walmart's share price fell from $175.56 to $58.52, while its outstanding share count increased by a factor of three.