Summary by Moomoo AI
Palo Alto Networks has declared a 2-for-1 stock split, with the ex-distribution date set for December 16, 2024. The payable date is December 13, 2024, and the record date is December 12, 2024. This adjustment will affect all Palo Alto Networks options, with a new contract multiplier of 2.00 and a strike divisor of 2.00.The new deliverable per contract will be 100 common shares of Palo Alto Networks. The option symbols will remain unchanged, and the new multiplier for premium or strike dollar extensions will be 100. Adjustments to option strikes will reflect the new structure, with old strikes halved to form new strikes.Investors are advised to independently verify all information related to this corporate event, as adjustments are subject to change based on new information.
