November 29th - $SUMITOMO MITSUI TRUST HOLDINGS INC (CMTDF.US)$ is about to implement a 2-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from December 28th, 2023.
$SUMITOMO MITSUI TRUST HOLDINGS INC (CMTDF.US)$ closed at $38.05 on November 28th . $SUMITOMO MITSUI TRUST HOLDINGS INC (CMTDF.US)$ now has a total market capitalization of $13.83 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.