Key Stock Splits Scheduled for August 12-16, 2023
Upcoming Stock Splits This Week
These are the upcoming stock splits for the week of August 12 to August 16, based on TipRanks’ Stock Splits Calendar.
Understanding Stock Splits
A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split.
Reverse Stock Splits
In contrast, there are also reverse stock splits that reduce the number of outstanding shares and consolidate their value.
Conclusion
Investors should stay informed about these upcoming stock splits to navigate their implications on portfolio management.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.