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ABC-MART INC To Carry Out 3-for-1 Stock Split On August 30th, 2023

Moomoo News ·  Jul 12, 2023 20:45

July 13th - $ABC-MART INC (AMKYF.US)$ is about to implement a 3-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from August 30th, 2023.

$ABC-MART INC (AMKYF.US)$ closed at $59.425 on July 12th . $ABC-MART INC (AMKYF.US)$ now has a total market capitalization of $4.9 billion.


What Is a Stock Split?

A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.

Note:

The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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