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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.
Both stocks outperformed the S&P 500 during the last five years, and both companies reset their soaring share prices with stock splits in 2024. Most Wall Street analysts expect that momentum to ...
A stock split is an event that allows a publicly traded company to cosmetically alter its share price and outstanding share count by the same magnitude. Stock splits are "cosmetic" in the sense ...
LATAM Airlines Group S.A. is a Chilean multinational airline holding company headquartered in Santiago, Chile. [ 1 ] [ 2 ] It is considered the largest airline company in Latin America [ 5 ] [ 6 ] with subsidiaries in Brazil , Colombia , Ecuador , Paraguay and Peru .
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.
LATAM is the largest airline in Latin America, serving Latin America, North America, the Caribbean, Oceania, Asia, and Europe. The carrier was a member of the Oneworld airline alliance from 2000 until 2020. [4] LATAM Airlines Group was formed after the takeover by LAN of Brazilian airline TAM Linhas Aéreas, which was completed on June 22, 2012 ...
Deckers (NYSE: DECK) is one of the latest companies to offer a stock split. The footwear specialist split its shares 6-for-1 on Sept. 17. The footwear specialist split its shares 6-for-1 on Sept. 17.
In 2014, Apple split its stock 7-for-1 to bring the price from about $140 a share to about $20 a share. Six years later, the stock split again, this time at a 4-to-1 ratio. Six years later, the ...