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Magal Security Systems (MAGS) Message Board

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  • curbee15 curbee15 Sep 12, 2004 12:35 AM Flag

    12 free shares of mags???

    Look at MAGS Historical Prices.

    On July 27th, there was a Stock split (dividend) of 105 : 100. Which means that for every 100 shares owned, you received 5 additional shares. Using your 300 shares for example, you would use the following formula:
    300 shrs / 100 shrs = 3
    3 x 5 = 15 extra shares.
    or look at it like this:
    300 shrs x 1.05 = 315 shrs

 
MAGS
5.10-0.0200(-0.39%)Feb 27 3:49 PMEST

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