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Started By
Message
Question on upcoming stock split
Posted on 5/9/25 at 6:43 pm
Posted on 5/9/25 at 6:43 pm
I recently purchased a share of COKE stock. They are splitting the stock in the next few weeks. It reads like this:
=====================================================
The Company intends to seek stockholder approval for the Amendment at its upcoming Annual Meeting of Stockholders on May 13, 2025.
If the Amendment is approved, stockholders of record as of May 16, 2025 will receive 9 additional shares for each share of Common Stock or Class B Common Stock held. Additional shares will be distributed to stockholders of record on or about May 23, 2025. The Company’s shares are expected to begin trading on a split-adjusted basis on or about Tuesday, May 27, 2025.
====================================================
My question is about the additional 9 shares received for each share owned. If i purchase an additional share on May 15th. That would give me 2 shares . If i hold that additional share to say May 18th and sell 1 share that day would i still receive the additional 9 shares come split day on May 27th 2025? or do i need to hold both shares until May 23 2025 to receive the 18 additional shares? Hope all that made sense?
***EDIT****
In my head it made sense after a long day at work but now it makes no sense . Sorry Money board carry on.
=====================================================
The Company intends to seek stockholder approval for the Amendment at its upcoming Annual Meeting of Stockholders on May 13, 2025.
If the Amendment is approved, stockholders of record as of May 16, 2025 will receive 9 additional shares for each share of Common Stock or Class B Common Stock held. Additional shares will be distributed to stockholders of record on or about May 23, 2025. The Company’s shares are expected to begin trading on a split-adjusted basis on or about Tuesday, May 27, 2025.
====================================================
My question is about the additional 9 shares received for each share owned. If i purchase an additional share on May 15th. That would give me 2 shares . If i hold that additional share to say May 18th and sell 1 share that day would i still receive the additional 9 shares come split day on May 27th 2025? or do i need to hold both shares until May 23 2025 to receive the 18 additional shares? Hope all that made sense?
***EDIT****
In my head it made sense after a long day at work but now it makes no sense . Sorry Money board carry on.
This post was edited on 5/10/25 at 1:47 am
3
Posted on 5/9/25 at 8:29 pm to FLObserver
Posted on 5/9/25 at 9:37 pm to FLObserver
The good news for you is that it doesn't matter. What I mean by that is a stock split is not some big windfall. 1 share with a price of $100 is equal to 10 shares worth $10. This is what you are worried about -- which is not something to worry about. If you want to buy shares, buy them. You're not going to get anything over on anyone by timing a stock purchase.
Posted on 5/10/25 at 12:53 am to RoyalWe
The point was seeing if i could get the extra 9 shares by purchasing the extra share and selling the extra share before the split actually toke place. That was the only timing was interested in . Plan on keeping my 19 shares from original purchase just wanted to see if i could get the extra 9 shares by dumping 2nd share before split.
Posted on 5/10/25 at 1:04 am to FLObserver
quote:
The point was seeing if i could get the extra 9 shares by purchasing the extra share and selling the extra share before the split actually toke place. That was the only timing was interested in . Plan on keeping my 19 shares from original purchase just wanted to see if i could get the extra 9 shares by dumping 2nd share before split.
No. You think these companies are giving free money to people who have 2 shares
This post was edited on 5/10/25 at 1:05 am
Posted on 5/10/25 at 1:21 am to Rize
What are you talking about ? soon to be 20 shares lol .I do see that the 1 share gets the 9 added shares to make 10 on that particular date. In my mind it was an extra 9 shares added to the already 10. I swear posting after a long day at work is not always a wise choice and my reading comprehension skills are a challenge . Some days you just got to own up to starting a stupid post and i accept this one.
This post was edited on 5/10/25 at 1:39 am
Posted on 5/10/25 at 11:32 pm to FLObserver
quote:
I recently purchased a share of COKE stock. They are splitting the stock in the next few weeks. It reads like this:
=====================================================
The Company intends to seek stockholder approval for the Amendment at its upcoming Annual Meeting of Stockholders on May 13, 2025.
If the Amendment is approved, stockholders of record as of May 16, 2025 will receive 9 additional shares for each share of Common Stock or Class B Common Stock held. Additional shares will be distributed to stockholders of record on or about May 23, 2025. The Company’s shares are expected to begin trading on a split-adjusted basis on or about Tuesday, May 27, 2025.
====================================================
My question is about the additional 9 shares received for each share owned. If i purchase an additional share on May 15th. That would give me 2 shares . If i hold that additional share to say May 18th and sell 1 share that day would i still receive the additional 9 shares come split day on May 27th 2025? or do i need to hold both shares until May 23 2025 to receive the 18 additional shares? Hope all that made sense?
***EDIT****
In my head it made sense after a long day at work but now it makes no sense . Sorry Money board carry on.
So how many shares do you actualy have right now?
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