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Cintas To Carry Out 4-for-1 Stock Split On September 12th, 2024

Moomoo News ·  Jul 25 19:40

July 25th (Eastern Time) - $Cintas (CTAS.US)$ is about to implement a 4-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from September 12th, 2024.

$Cintas (CTAS.US)$ slipped 0.26% and closed at $754.05 on July 24th with a turnover of $443.12 million. $Cintas (CTAS.US)$ now has a total market capitalization of $76.34 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.

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