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re: XOM hit an all time high this morning, 12/26/13, at $100.23 (split adjusted)
Posted on 12/28/13 at 3:11 pm to LSURussian
Posted on 12/28/13 at 3:11 pm to LSURussian
So a split wouldn't create more shares? Seems like they have been heading in a opposite direction for some time now.
1
Posted on 12/28/13 at 3:33 pm to Ellakennedi
quote:Yes. But it doesn't change EPS, after adjustment, like stock buy back programs do. Plus, splits usually include a dividend payout ratio increase while stock repurchase programs don't.
So a split wouldn't create more shares
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