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BellSouth, LLC (stylized as BELLSOUTH and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia.BellSouth was one of the seven original Regional Bell Operating Companies after the U.S. Department of Justice forced the American Telephone & Telegraph Company to divest itself of its regional telephone companies on January 1, 1984.
AT&T agreed to divest its local exchange service operating companies, effective January 1, 1984. The group of local operating companies were split into seven independent Regional Bell Operating Companies, which became known as the Baby Bells. [1] RBOCs were originally known as Regional Holding Companies (RHCs).
Due to discrepancies between the pricing of the "old" AT&T shares and the new "when-issued" shares, investors were able to make risk-free profits, most spectacularly Edward O. Thorp, who made $2.5 million in what was at the time the NYSE's largest (nominal) block trade. [25]
The poster-child for splits has been Nvidia, which split its stock 4-for-1 in 2021 and then a whopping 10-for-1 this past summer. But Nvidia isn't the only stock to do so.
BellSouth Telecommunications, LLC is an operating company of AT&T that serves the southeastern United States. It consists of the former operations of Southern Bell and South Central Bell . BellSouth Telecommunications was a subsidiary of BellSouth Corporation which was acquired by AT&T Inc. on December 29, 2006.
Walmart has declared 12 stock splits since its IPO. Most were 2-for-1 splits, but the exception was February's 3-for-1 split. Every time a 2-for-1 split occurred, your share count doubled, and the ...
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Nvidia completed a 10-for-1 split on June 10 that reduced its stock price from $1,200 to around $120. ... a 10-for-1 stock split would increase a company's share count tenfold, and reduce its ...