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Aisin (ADR) To Carry Out 3-for-1 Stock Split On October 9th, 2024

Moomoo News ·  Aug 20 19:45

August 20th (Eastern Time) - $Aisin (ADR) (ASEKY.US)$ is about to implement a 3-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from October 9th, 2024.

$Aisin (ADR) (ASEKY.US)$ closed at $31.96 on August 19th with a turnover of $1,060.94. $Aisin (ADR) (ASEKY.US)$ now has a total market capitalization of $8.5 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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