Here's Why Costco Says It Has No Plans to Split Its Stock at $1,000 Per Share
Portfolio Pulse from
Costco has announced that it has no plans to split its stock despite its price reaching $1,000 per share. This decision comes in a year where many leading companies have opted for stock splits.

December 23, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Costco has decided not to split its stock despite its high price of $1,000 per share, diverging from the trend of stock splits seen in 2024.
Costco's decision not to split its stock may indicate confidence in its current valuation and a focus on long-term shareholder value rather than short-term market reactions. This could maintain the stock's perceived exclusivity and stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100