share_log

SEVEN & I HOLDINGS CO LTD To Carry Out 3-for-1 Stock Split On February 28th, 2024

Moomoo News ·  Dec 1, 2023 08:55

December 1st - $SEVEN & I HOLDINGS CO LTD (SVNDF.US)$ is about to implement a 3-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from February 28th, 2024.

$SEVEN & I HOLDINGS CO LTD (SVNDF.US)$ rose 0.03% and closed at $38.01 on November 30th with a turnover of $3,801. $SEVEN & I HOLDINGS CO LTD (SVNDF.US)$ now has a total market capitalization of $33.57 billion.


What Is a Stock Split?

A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment