Search results
Results From The WOW.Com Content Network
It wasn't a big surprise at all when chemical manufacturer Dow Inc (NYSE:DOW) split off from the organization formerly known as DowDuPont. Announced last year, the massive conglomerate would form ...
Need help? Call us! 800-290-4726 Login / Join. Mail
A stock split is when a company decides to exchange its stock for more (and sometimes fewer) shares of its own stock, with the price per share adjusting so that there is no change in the overall ...
At the beginning of August 1999, Dow agreed to purchase Union Carbide Corp. (UCC) for $9.3 billion in stock. [48] At the time, the combined company was the second largest chemical company, behind DuPont. [49] This led to protests from some stockholders, who feared that Dow did not disclose potential liabilities related to the Bhopal disaster. [50]
The company's CC ticker symbol, is also a play on DuPont's DD symbol; it was also formerly used by the electronics retail Circuit City prior to its bankruptcy in 2009. [8] The spin-off was completed on July 1, 2015, and Chemours' stock began trading on the New York Stock Exchange on the same date. [9]
Booking Holdings has conducted a stock split before, but that was in 2003 -- more than 20 years ago. The company is arguably overdue for another stock split. If it doesn't resort to that ...
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.
The company has split its stock twice in the last five years: a 4-for-1 split in 2021 followed by a 10-for-1 split in June of this year, bringing its share price to a more affordable $118.