Tag Archives: stock split

How did the reverse stock split of Movie Pass’s parent company affect its total stockholders’ equity?

Helios and Matheson, Inc. (NASDAQ: HMNY)  is the parent company of MoviePass, the theater subscription service. MoviePass has struggled to find a sustainable, profitable business model. Its original $10 per month subscription plan allowed subscribers to see one movie per day. MoviePass had to pay most theaters the full price of the ticket each time […]

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How will Toro account for its two-for-one stock split?

The Toro Company (TTC) is a manufacturer of lawn care products such as lawn mowers and irrigation systems. Toro’s brands include Toro, Lawn Genie, and Lawn-Boy.  Toro’s fiscal year end is October 31. As of October 31, 2015, Toro had authorized 175,000,000 shares of common stock. As of this same date, it had 54,650,916 shares […]

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How did Apple’s 7-for-1 stock split affect its total stockholders’ equity?

In June 2014, Apple, Inc. (AAPL) did a 7-for-1 stock split, meaning that an investor who previously held one share of Apple stock would have seven shares on the date of the split.  Before the split, Apple had 861 million shares of stock valued at roughly $650 each.  After the split, Apple had approximately 6 […]

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How will a stock split impact Under Armour’s stockholders’ equity?

On March 17, 2014, Under Armour, a company selling sports clothing, shoes, and accessories, announced a two-for-one stock split (see Under Armour press release dated March 17, 2014).  Here is an excerpt from the Under Armour press release: “Baltimore, MD (March 17, 2014) – Under Armour, Inc. (NYSE: UA) today announced that its Board of Directors […]

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What does the two-for-one stock split at Tractor Supply mean for shareholders?

The Tractor Supply Company (TSCO) declared a two-for-one stock split of its common stock on August 29, 2013. The following news release appeared in PR Newswire in 2013: “BRENTWOOD, Tenn., Aug. 29, 2013 /PRNewswire/ — Tractor Supply Company (NASDAQ: TSCO), the largest retail farm and ranch store chain in the United States, today announced that its Board of Directors […]

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