Broadcom Announces 10-For-1 Forward Split, Will Begin Trading On Split Adjusted Basis Jul. 15
Portfolio Pulse from Benzinga Newsdesk
Broadcom (AVGO) has announced a 10-for-1 forward stock split, which will take effect on July 15. This move is expected to make the stock more accessible to a broader range of investors.
June 12, 2024 | 8:18 pm
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Broadcom (AVGO) has announced a 10-for-1 forward stock split, effective July 15. This move is expected to make the stock more accessible to a broader range of investors.
A forward stock split increases the number of shares outstanding and reduces the price per share, making the stock more affordable and potentially attracting more retail investors. This can lead to increased liquidity and potentially a short-term price increase.
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