StoneX Announces A Three-For-Two Stock Split
Portfolio Pulse from Benzinga Newsdesk
StoneX Group Inc. (NASDAQ:SNEX) has announced a three-for-two stock split, approved by its Board of Directors, to make stock ownership more accessible. The additional shares will be distributed after trading closes on November 24, 2023, to stockholders of record at the close of business on November 17, 2023. Trading will begin on a stock split-adjusted basis on November 27, 2023.
November 07, 2023 | 10:32 pm
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StoneX Group's stock split could make the stock more accessible to investors and employees, potentially increasing demand and liquidity.
Stock splits often make shares more accessible to a wider range of investors, which can increase demand and liquidity. This could potentially lead to a short-term increase in the stock price.
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