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ADVANTEST CORP SPON ADR EACH REP 1 ORD SHS To Carry Out 4-for-1 Stock Split On October 11th, 2023

moomoo News ·  09/28/2023 07:40

September 28th - $ADVANTEST CORP SPON ADR EACH REP 1 ORD SHS (ATEYY.US)$ is about to implement a 4-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from October 11th, 2023.

$ADVANTEST CORP SPON ADR EACH REP 1 ORD SHS (ATEYY.US)$ rose 3.54% and closed at $110.41 on September 27th with a turnover of $1.22 million. $ADVANTEST CORP SPON ADR EACH REP 1 ORD SHS (ATEYY.US)$ now has a total market capitalization of $20.33 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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