All along I expected a 2 for 1 split but now it looks like a 3 for 1 split might be coming - all the better.
Cote said he won't split the stock until it is over $120 or so, so sit tight! :)
Left HON 10 years ago waited until 60 to bail on 401k now kicking myself. Buying back in versus being diversified is the question.
When did he say that?? I was at the Annual Shareholder Meeting and in response to a question he said now that the stock was so high ($80) that they would have to look at it (meaning a split).
What difference does it make if you have 300 shares of a $25 stock for each 100 shares of a $75 stock?
That's just an example of a split. The numbers for HON are approximately 100 shares at 87 versus 300 shares at 29.