I just bought some shares of LO today. Have been watching the price action for a while and looks like it's a good value. But I didn't realize in November there was an announced 3:1 split as of Dec 14th. My question is, if I bought the shares today (1/10) is that going to affect the share prices when the split occur? Usually if a stock is giving out a "dividend" the price will drop by a corresponding amount on the ex-date. For LO, i didn't see such a drop on the ex-date. How would that impact someone like me who bought shares after the "ex" date?