Will Costco Follow Walmart's Lead and Split Its Stock?
Walmart (NYSE: WMT) surprised many investors when it announced a stock split in late January. stock splits are most common when share prices are nearing over $1,000, not when a stock trades for around $175 (pre-split).
But Walmart gave a great reason for splitting its stock:
Sam Walton believed it was important to keep our share price in a range where purchasing whole shares, rather than fractions, was accessible to all of our associates.
Source Fool.com
Walmart Inc. Aktie
64,27 €
-0,74 %
Klare Kaufempfehlung: Walmart Inc. erhält nur Buy-Einschätzungen.
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