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1967 – Leggett & Platt IPO of 50,000 shares of stock at a price of $10 per share; the stock is traded over the counter; 1971 – Leggett's stock is listed on the NASDAQ; 1979 – Leggett is listed on the New York Stock Exchange, trading under symbol "LEG" 2024 - Leggett slashes the dividend to $0.05 [4] History of stock splits: May 13, 1969: ...
William H. Miller III (born 1950) is an American investor, fund manager, and philanthropist.He served as the chairman and chief investment officer of Legg Mason Capital Management as well as the principal portfolio manager of the Legg Mason Capital Management Value Trust.
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A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.
Click here for in-depth analysis of the latest stock market news and events moving stock prices Read the latest financial and business news from Yahoo Finance morning brief image
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