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EZCORP, Inc. Message Board

  • alexase99 alexase99 Nov 21, 2006 10:54 AM Flag

    question on split....

    Nov 10, 2006 (M2 EQUITYBITES via COMTEX) -- EZCORP Inc (EZPW), a provider of credit services, on 9 November reported results for its fiscal fourth quarter and 2006 fiscal year, which ended 30 September 2006. Net income for the fourth quarter rose to USD9.17m (USD0.64 per share) from USD3.71m (USD0.27 per share) for the fourth quarter of fiscal 2005. Total revenues for the quarter grew 19% to USD87.36m compared to USD73.18m a year ago. For the 12-month period to the end of September net income surged 98% to USD29.26m (USD2.08 per share) from USD14.75m (USD1.09 per share) for fiscal 2005. Meanwhile total revenues for the fiscal year were up 24% to USD315.85m from USD254.16m for fiscal 2005. A three-for-one split of the company's two classes of common stock was declared by the board of directors on 3 November 2006, for shareholders of record as of the close of business on 27 November 2006. Shares resulting from the stock split are expected to be distributed on or about 11 December 2006

    What happens if someone buys on Nov 28 ??? Does he get the shares ???Or if someone who owned before Nov 27 and sells on Nov 28 ???

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    • YES - it does not matter when you buy the shares you get the split. Unless of course you are holding the actual stock certificates in hand then you would have to turn them into the company. I don't know anyone that holds the certificates anymore and odds are your shares are probably held at DTC or one of the other clearing houses. You will not notice anything different on the 27th or 28th.

 
EZPW
6.65+0.07(+1.06%)May 27 4:00 PMEDT