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CRESCO LTD To Carry Out 2-for-1 Stock Split On June 27th, 2024

Moomoo News ·  Jun 25 21:00

June 25th (Eastern Time) - $CRESCO LTD (CEJOF.US)$ is about to implement a 2-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from June 27th, 2024.

$CRESCO LTD (CEJOF.US)$ closed at $13.48 on June 24th . $CRESCO LTD (CEJOF.US)$ now has a total market capitalization of $277.68 million.


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.

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