No results were found for stock splits scheduled in November. However, it is important to note that while some companies may announce and complete stock splits in November, they are not as common as splits that occur in other months. This could be due to a variety of factors, including the timing of shareholder meetings, the need to meet certain listing requirements, or the company's strategic goals.
- Oil-Dri Corporation of America (ODC): Oil-Dri recently announced a two-for-one stock split, with the split contingent on shareholder approval at the annual meeting on December 11, 2024. If approved, the split is expected to be implemented after the meeting, with the new shares being distributed on January 3, 2025, and trading on the post-split basis expected to commence on January 6, 20251.
- Sirius XM Holdings and Liberty Media's Sirius XM tracking stock: These companies completed their highly anticipated reverse stock split in mid-December, merging into a single entity2.
- Walmart: Walmart announced a 3-for-1 stock split in January, with the additional shares being distributed in February3.
- Broadcom: Broadcom completed a 10-for-1 stock split in July 2024, aiming to make its shares more nominally affordable for everyday investors34.
In conclusion, while there may not be any stock splits scheduled in November 2024, several companies have recently completed or announced splits that will have an impact on their shareholders. The decision to conduct a stock split is typically made by a company's board of directors and is often driven by a desire to enhance shareholder value, improve liquidity, and make shares more accessible to a broader investor base.
10/12/2024 07:27pm
