Upcoming Stock Splits
|Company||Payable Date||Announcement Date|
|EXPI eXp World||2/12/ 2021||1/19/ 2021|
|XAN Exantas Capital||2/15/ 2021||2/4/ 2021|
|VYNE VYNE Therapeutics||2/15/ 2021||2/11/ 2021|
|FIZZ National Beverage||2/19/ 2021||2/5/ 2021|
The opening price post split was $444.61, or 0.4% above Friday’s split-adjusted closing price of $442.68. For Tesla shareholders, the only change is that the number of stocks owned multiplies by five, but the price of the shares owned is divided by five.
It’s important to note, especially for new investors, that stock splits don’t make a company’s shares any better of a buy than prior to the split. Of course, the stock is then cheaper, but after a split the share of company ownership is less than pre- split. Apple was trading around $500 per share before the split.
If you own a stock that declares a split, the number of shares you would own after the split increases. So, as an investor, though the price you get for each share actually declines, the total number of shares increases.
Of course, Tesla investors shouldn’t count on a stock split in 2021. There’s simply no telling when the auto and green energy company might split its stock again — if ever. Further, there’s no reason to get excited about a potential stock split, as it doesn’t create any shareholder value.
Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split -adjusted basis on August 31, 2020.
Example 5 -for- 1 forward stock split: At the time the company completed the 5 -for- 1 forward split, you would now own 5 shares valued at $400 per share, resulting in a total value invested of $2,000. The total value invested remains the same regardless of the split.
Alibaba stock price in 10 years The price channel now indicates the support level at around $600 and the resistance level at around $1550 by July 2030. Taking the mid-point ($970), we are looking at a quadrupling of the stock. This would give an annual appreciation above 30 percent.