Run of the mill actions
These splits and buy backs are simply your typical, run of the mill actions. Many companies have done the same thing over the last several decades. It will simply be a way to control their price and simply increases the money the largest shareholders will earn over time. The prices will continue to rise over the next several years. Now, they will rise on your 6 shares instead of 1 share. Nothinf unusual about all these activities.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment