April 27th - $HITACHI (HTHIF.US)$ is about to implement a 5-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from June 27th, 2024.
$HITACHI (HTHIF.US)$ rose 2.89% and closed at $88.0825 on April 26th with a turnover of $114.09K. $HITACHI (HTHIF.US)$ now has a total market capitalization of $81.61 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.