June 26th (Eastern Time) - $Ebara (ADR) (EBCOY.US)$ is about to implement a 5-for-1 stock split of shares. The shares will begin trading on a split-adjusted basis from July 17th, 2024.
$Ebara (ADR) (EBCOY.US)$ slipped 0.24% and closed at $37.58 on June 25th with a turnover of $134.68K. $Ebara (ADR) (EBCOY.US)$ now has a total market capitalization of $6.94 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.