Corporate radar: These stocks announced ex-date for bonus and stock splits this month!
Corporate operations like stock splits and bonus shares help shareholders to track changes in stock price.
Corporate operations like stock splits and bonus shares help shareholders to track changes in stock price. When shareholders receive more shares in a certain ratio based on their shareholdings, it is known as a bonus issue. Meanwhile, a stock split divides the currently outstanding shares of the firm into the number of shares, depending upon the ratio, without changing the value of each shareholder's ownership.
A corporate action is a publicly-declared event by a firm that affects its shareholders, either directly or indirectly. Bonuses, stock splits, dividends, rights problems, etc. are a few examples of the same. On the ex-date of the corporate action, the price change in the corresponding shares is shown.
The ex-date is the day or the day immediately following, on which, security is traded without any previously announced corporate action, such as a dividend, bonus, split, or rights issue. A stock is said to trade ex-dividend on or after the ex-date. The ex-date is the day that the seller of a stock, not the buyer, will be eligible for a newly-declared dividend.
The stocks mentioned below have declared bonuses:
The following stocks have announced stock splits: