A 2 for 1 stock split refers to a corporate action by a stock company wherein the face value of a stock is cut in half and after the action date, there will be twice the number of shares of that company in the market.
Say for ex: XYZ limited has 1 million stocks in the market with each of face value $10, after the split there will be a total of 2 million stocks in the market of the same company each with a face value of $5.
The net worth or the market capitalization of the company would remain the same after the split. So effectively, the market price of the company would also get cut in half when the split happens.
When a company undergoes a 2-for-1 stock split, the number of shares being issued doubles.
The second Lucent stock split occurred on 04/01/1999. Lucent Technologies, a multinational telecommunications equipment company offered a 2 for 1 stock split.
To calculate the impact of a 2 for 1 stock split on the total number of shares outstanding, simply multiply the current number of shares outstanding by 2. This will give you the new total number of shares after the split.
A 2 for 1 stock split means that for every one share of a company's stock that an investor owns, they will receive an additional share, effectively doubling the number of shares they hold. This does not change the overall value of the investor's holdings, but it can make the stock more affordable for smaller investors.
This actually sounds like a "reverse stock split." In such a transaction, which is done to increase the stock price without changing the company's market cap, a company trading three million shares at $10 who did a 1:3 reverse stock split would finish the day trading 1 million shares at $30. The other way is the "stock split," which is done to get the stock price down, one share at $30 becomes three shares at $10.
When a company undergoes a 2-for-1 stock split, the number of shares being issued doubles.
The second Lucent stock split occurred on 04/01/1999. Lucent Technologies, a multinational telecommunications equipment company offered a 2 for 1 stock split.
A 2 for 1 split on 4/1/1998, and another 2 for 1 split on 4/1/1999.
2 for 1 or half
Jun 29, 1999 2:1
To calculate the impact of a 2 for 1 stock split on the total number of shares outstanding, simply multiply the current number of shares outstanding by 2. This will give you the new total number of shares after the split.
A 2 for 1 stock split means that for every one share of a company's stock that an investor owns, they will receive an additional share, effectively doubling the number of shares they hold. This does not change the overall value of the investor's holdings, but it can make the stock more affordable for smaller investors.
Avaya stock did not split.
Split adjusted, the stock of GM was 41.13 on 1/3/1989 and 42.25 on 12/29/1989. The price ranged from 39.13 - 50.50. A 3 for 2 stock split occurred on 3/29/1989. Use Yahoo Finance's 'Historical Prices' link for a particular stock to recover prices as they were on that date (not split adjusted).
This actually sounds like a "reverse stock split." In such a transaction, which is done to increase the stock price without changing the company's market cap, a company trading three million shares at $10 who did a 1:3 reverse stock split would finish the day trading 1 million shares at $30. The other way is the "stock split," which is done to get the stock price down, one share at $30 becomes three shares at $10.
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According to Yahoo! Finance, Walmart's stock has had nine two-for-one splits since its IPO. There was one split in 1982 and six 2:1 splits since then. The following list shows the history of WMT stock splits: 25-Aug-75 [2:1] 17-Dec-80 [2:1] 12-Jul-82 [2:1] 11-Jul-83 [2:1] 07-Oct-85 [2:1] 13-Jul-87 [2:1] 09-Jul-90 [2:1] 26-Feb-93 [2:1] 20-Apr-99 [2:1]