November 11th (Eastern Time) - $SINGAPORE EXCHANGE UNSP ADR EACH REPR 15 ORD (SPXCY.US)$ is about to implement a 15-for-2 stock split of shares. The shares will begin trading on a split-adjusted basis from November 14th, 2024.
$SINGAPORE EXCHANGE UNSP ADR EACH REPR 15 ORD (SPXCY.US)$ rose 4.22% and closed at $134.92 on November 8th with a turnover of $133.76K. $SINGAPORE EXCHANGE UNSP ADR EACH REPR 15 ORD (SPXCY.US)$ now has a total market capitalization of $9.63 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.