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The Enbridge name is a portmanteau from "energy" and "bridge". [6] In the 2000s, Enbridge introduced several large projects. Enbridge made their first investment into renewable energy in 2002 with the purchase of a wind farm. [11] [12] In 2006, it announced the Enbridge Northern Gateway Pipelines Project from Athabasca to Kitimat, British ...
Broadcom delivered a 10-for-1 split, payable July 12, 2024. Super Micro Computer executed a 10-for-1 split, payable Sept. 30, 2024. Arista Networks completed a 4-for-1 stock split, payable Dec. 3 ...
In 2002, Duke Energy acquired Westcoast Energy, a Canadian corporation, which owned Chatham, Ontario-based Union Gas, regulated under the 1998 Ontario Energy Board Act.. On December 29, 2006 Standard & Poor's added Spectra Energy Corp. to its S&P 500 Index, replacing Parametric Technology Corp. (Nasdaq: PMTC), a software company, which then moved to the S&P MidCap 400 list instead. [5]
A split share corporation is a corporation that exists for a defined period of time to transform the risk and investment return (capital gains, dividends, and possibly also profits from the writing of covered options) of a basket of shares of conventional dividend-paying corporations into the risk and return of the two or more classes of publicly traded shares in the split share corporation.
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The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
On July 11, MicroStrategy broke the news that it would be conducting a forward split. With its share price firmly in the $1,300s, the company's board approved a historic 10-for-1 stock split.
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