September 26th (Eastern Time) - $Ryanair (RYAAY.US)$ is about to implement a 5-for-2 stock split of shares. The shares will begin trading on a split-adjusted basis from September 30th, 2024.
$Ryanair (RYAAY.US)$ rose 1.2% and closed at $116.03 on September 25th with a turnover of $133.27 million. $Ryanair (RYAAY.US)$ now has a total market capitalization of $25.44 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.