The Coca-Cola Company Message Board
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question on split
if July 27th was cut off date, is the price at end of that date the split price or is it the close of the 10th or what date it splits.
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Why aren't other stocks splitting?
- 1 Reply to paulbf1
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some people think that stock splits are good and some think that they are bad. so companies have reservation as to if their stock should split.
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"if July 27th was cut off date"
But it's not. August 10th is the last day to buy and qualify for the split shares.
"is the price at end of that date [July 27] the split price"
No. On July 27th it closed at 80.01. On July 30th it closed at 81.12. Does that look like a two for one split?
"or is it the close of the 10th"
Sort of, but not the closing price. After the close on the 10th the shares will split and will begin trading on a split-adjusted basis at the open on the 13th.- 1 Reply to cwn600
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OK, then July 27th only represented a cut date for current holders to receive split plus additional shares. Then at end of Market day Aug 10th will represent the approx split price for Monday Aug 13th barring any after market movements. yes, i realize if I buy before Aug 10th i'll receive split, but, do not qualify for additionsl shares.
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yes, your correct =)
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