News on February 7th$PACCAR Inc (PCAR.US)$2 shares will be divided into 3 shares on February 8, 2023.
Closed as of February 6$PACCAR Inc (PCAR.US)$It rose 0.24% to US $110.44, with a daily turnover of US $250 million and a total market capitalization of US $38.433 billion.
What is a split?
The split is also known as "division". When the price of a stock is high, it will affect the trading volume of the stock and the desire of investors to buy. At this time, the joint-stock company will consider splitting the stock. After dividing the stock, the shareholders' rights and interests will remain unchanged, and the total market value of the company will remain unchanged, but the number of positions will change.
Niuniu Tip:
Before announcing the specific implementation of the program, everything may change, such as changing the implementation date or even canceling the relevant company actions. The final plan shall be subject to the final announcement of the exchange and the listed company.