31 October 09:50
Netflix has announced a stock split, whereby shareholders registered as of November 10 will receive new additional shares for each share held.
Ana Maria Eftene
International
Foto: Skorzewiak / Shutterstock.com
This decision aims to reduce the market price of the shares, making them more accessible for retail investors and employees participating in the stock programs. Netflix shares will begin trading at the new adjusted price starting November 17. Following the announcement, Netflix shares rose by over 2%, closing the day at $1,089 per share, with a 42% appreciation since the beginning of the year.
Sources
Netflix anunță divizarea acțiunilor pentru a face titlurile mai accesibile investitorilor individuali
Netflix anunţă divizarea acţiunilor în proporţie de 10 la 1 / Titlurile devin mai accesibile investitorilor / "Spliturile" sunt o practică obişnuită la companiile cu preţuri foarte ridicate ale acţiunilor
Netflix anunţă divizarea acţiunilor în proporţie de 10 la 1: Compania vrea să-și facă titlurile mai accesibile investitorilor
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