- Microchip Technology (NASDAQ:MCHP) has announced a 2-for-1 stock split to increase trading liquidity.
- The stock split will be effective for shareholders of record after the market closes on October 4, 2021. Stockholders of record on October 12, 2021 will be issued additional shares at the rate of one additional share for every one share held.
- The adjusted number of shares outstanding and adjusted per-share stock price will be reported by Nasdaq effective October 13, 2021.
- The stock split will place the stock in a more attractive trading range for retail investors.
- Shares +2.53% pre-market
- Previously (Aug 03): Microchip Technology EPS beats by $0.07, beats on revenue
Microchip Technology announces 2-for-1 stock split to increase trading liquidity
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Symbol | Last Price | % Chg |
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MCHP | - | - |
Microchip Technology Incorporated |