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Ryanair To Carry Out 5-for-2 Stock Split On September 30th, 2024

Moomoo News ·  Aug 16 19:40

August 16th (Eastern Time) - $Ryanair (RYAAY.US)$ is about to implement a 5-for-2 stock split of shares. The shares will begin trading on a split-adjusted basis from September 30th, 2024.

$Ryanair (RYAAY.US)$ rose 1.56% and closed at $102.67 on August 15th with a turnover of $54.37 million. $Ryanair (RYAAY.US)$ now has a total market capitalization of $22.78 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
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