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MURATA MANUFACTURING CO To Carry Out 3-for-1 Stock Split On September 28th, 2023

moomoo News ·  Sep 26, 2023 21:00

September 27th - $MURATA MANUFACTURING CO (MRAAF.US)$ is about to implement a 3-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from September 28th, 2023.

$MURATA MANUFACTURING CO (MRAAF.US)$ slipped 1.38% and closed at $54.49 on September 26th with a turnover of $35,091.7. $MURATA MANUFACTURING CO (MRAAF.US)$ now has a total market capitalization of $34.31 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.

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