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MS&AD INS GP HLDGS ADR EACH REPR 0.5 ORD UNSPON To Carry Out 3-for-2 Stock Split On April 2nd, 2024

moomoo News ·  Mar 8 20:40

March 9th - $MS&AD INS GP HLDGS ADR EACH REPR 0.5 ORD UNSPON (MSADY.US)$ is about to implement a 3-for-2 stock split of shares. The shares will begin trading on a split-adjusted basis from April 2nd, 2024.

$MS&AD INS GP HLDGS ADR EACH REPR 0.5 ORD UNSPON (MSADY.US)$ rose 1.68% and closed at $27.17 on March 8th with a turnover of $825.18K. $MS&AD INS GP HLDGS ADR EACH REPR 0.5 ORD UNSPON (MSADY.US)$ now has a total market capitalization of $28.71 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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