MOST POPULAR

News

Netflix stock split seven-for-one

Netflix stock split seven-for-one

Netflix stock split seven-for-one

Netflix’s Board of Directors has approved a seven-for-one stock split to be effected in the form of a stock dividend of six additional shares of common stock for each outstanding share of common stock. 

The stock dividend will be payable on July 14, 2015 to stockholders of record at the close of business on July 2, 2015.  The new shares will be delivered by Netflix’s transfer agent Computershare Trust Company.

Netflix stock will begin trading regular way at the post-split price on July 15, 2015. Any shares purchased between the July 2, 2015 record date and the July 14, 2015 payment date will come with a “due-bill” entitling the buyer to six additional shares for each share purchased.

 

Tags:

We welcome reader discussion and request that you please comment using an authentic name. Comments will appear on the live site as soon as they are approved by the moderator (within 24 hours). Spam, promotional and derogatory comments will not be approved

Post your comment

Facebook, Instagram and Sky case study: Game of Thrones

BT at IBC: 'unlocking the power of fibre IPTV'

IP&TV News tries out 4G Broadcast at the FA Cup Final

Thomas Riedl: “Google TV has evolved into Android TV”

Tesco and blinkbox: what went wrong?

Reed Hastings and 2030: is he right?