- Synovus (SNV) expects the split to take effect on May 16, and for shares to begin trading on a post-split basis on May 19.
- The stock price of the bank has been stuck in the $3 range ever since the financial crisis, and management hopes the boosted price will put the shares on the radar of a broader range of investors.
- Shares -2.7% premarket
- Source: Press Release
at Zacks.com (Nov 13, 2014)