Michigan Proposal for the Stock Split and Increase in the Authorized Number of Shares

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Multi-State
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US-CC-3-212J
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Word; 
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This sample form, a detailed Proposal for the Stock Split and Increase in the Authorized Number of Shares document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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  • Preview Proposal for the Stock Split and Increase in the Authorized Number of Shares
  • Preview Proposal for the Stock Split and Increase in the Authorized Number of Shares
  • Preview Proposal for the Stock Split and Increase in the Authorized Number of Shares
  • Preview Proposal for the Stock Split and Increase in the Authorized Number of Shares

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FAQ

Does it matter to buy before or after a stock split? If you buy a stock before it splits, you'll pay more per share than what it'll cost after it splits. If you're looking to buy into a stock at a cheaper price, you may want to wait until after the stock split.

Costco stock (symbol: COST) underwent a total of 2 stock splits. The most recent stock split occured on January 14th, 2000.

2023 Stock Splits DateSymbolCompany NameQNRXQuoin Pharmaceuticals Ltd.NVOSNovo Integrated Sciences IncFOXOFoxo Technologies IncDOGZDogness (international) Corp87 more rows

Recent Stock Splits SymbolDescriptionRatioNASDAQ:DOGZDogness (International) Corporation - Class A1-20NASDAQ:NVOSNovo Integrated Sciences, Inc.1-10NASDAQ:UWHRUWHARRIE CAPITAL CORP51-50NASDAQ:FREQFrequency Therapeutics, Inc.1-5090 more rows

PACCAR. Truck designer PACCAR announced its 3-for-2 split in December 2022. ... Churchill Downs. Churchill Downs announced its 2-for-1 stock split on April 25, 2023. ... Novo Nordisk announced its 2-for-1 stock split on Aug. ... Amazon.

After a split, the stock price will be reduced (because the number of shares outstanding has increased). In the example of a 2-for-1 split, the share price will be halved.

A stock split is a decision by a company's board to increase the number of outstanding shares in the company by issuing new shares to existing shareholders in a set proportion. Stock splits come in multiple forms, but the most common are 2-for-1, 3-for-2 or 3-for-1 splits.

Management of a company might decide to do a forward stock split if they believe the price is relatively "high" or that it is trading outside of an "optimal" range. This decision is made by management based on their subjective views of the historical trading range of the stock and other factors.

A stock split increases the number of shares outstanding and lowers the individual value of each share. While the number of shares outstanding change, the overall market capitalization of the company and the value of each shareholder's stake remains the same.

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Michigan Proposal for the Stock Split and Increase in the Authorized Number of Shares