Meritage Homes Announces Two-for-One Stock Split
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Meritage Homes Corporation announced a two-for-one stock split, effective for shareholders of record on December 31, 2024. The split will be executed as a stock dividend, with trading on a split-adjusted basis starting January 3, 2025.
November 25, 2024 | 1:15 pm
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Meritage Homes Corporation has declared a two-for-one stock split, doubling the number of shares held by investors. This move is likely to increase liquidity and make the stock more accessible to a broader range of investors.
Stock splits generally make shares more affordable and can lead to increased trading activity. This can attract more investors, potentially driving up the stock price in the short term. The announcement of the split is a positive signal, indicating confidence in the company's future performance.
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IMPORTANCE 80
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