Is a Microsoft Stock Split Coming After 23 Years?
The software giant split its shares nine times over its first 17 years as a public company. Is a 10th split on the way?
Overview
Microsoft (NASDAQ:MSFT) stock sat around $518 as of this writing, within about 5% of its record close of $542 set last October.
Microsoft's board rarely let the share price go anywhere near that high before. The software giant split its stock nine times over its first 17 years as a public company, and one share bought at its March 1986 initial public offering is now 288 shares.
Details
But the last split was a 2-for-1 split that took effect in February 2003. The shares have gone from around $25 just after that split to over $500 now.
Source
Originally published at www.fool.com.
Related Articles
- 'Handful' of G20 countries reject U.S. stance on excess industrial capacity
- If You Invest $300 Per Month in the Vanguard Information Technology ETF for 20 Years, Here's What History Says You Could End Up With
- It's Not Just Larger Checks That Matter: This Big 2027 Social Security Change Could Put More Money in Your Pocket
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.