September 26th (Eastern Time) - $Schwab Strategic Tr Us Small-Cap Etf (SCHA.US)$ is about to implement a 2-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from October 11th, 2024.
$Schwab Strategic Tr Us Small-Cap Etf (SCHA.US)$ slipped 1.21% and closed at $50.81 on September 25th with a turnover of $29.95 million.
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.