share_log

Meritage Homes To Carry Out 2-for-1 Stock Split On January 3rd, 2025

Moomoo News ·  Jan 1 17:00

January 1st (Eastern Time) - $Meritage Homes (MTH.US)$ is about to implement a 2-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from January 3rd, 2025.

$Meritage Homes (MTH.US)$ rose 0.25% and closed at $153.82 on December 31st with a turnover of $46.88 million. $Meritage Homes (MTH.US)$ now has a total market capitalization of $5.56 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