December 25th (Eastern Time) - $KEISEI ELECTRIC RAILWAY CO (KELRF.US)$ is about to implement a 3-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from December 27th, 2024.
$KEISEI ELECTRIC RAILWAY CO (KELRF.US)$ slipped 11.07% and closed at $23.79 on December 23rd with a turnover of $33,306. $KEISEI ELECTRIC RAILWAY CO (KELRF.US)$ now has a total market capitalization of $3.87 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.