November 25th (Eastern Time) - $Arista Networks (ANET.US)$ is about to implement a 4-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from December 4th, 2024.
$Arista Networks (ANET.US)$ rose 0.37% and closed at $406.48 on November 22nd with a turnover of $774.14 million. $Arista Networks (ANET.US)$ now has a total market capitalization of $128.01 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.