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Saturday, December 21, 2019 5:43:31 PM
The reason it went from .3 shares to .6 shares is because Natura Cosmetics had a large amount of cash on the books that they had to do something with, so they did a special dividend of 1 share for each share of Natura Cosmetics and then to keep the deal the same, increased what Avon shareholders were getting from .3 to .6 shares.
Wow, Natura & Co continues to go crazy, another 52 week high of 39.90 which doing the currency conversion and .6 shares is about $5.84. AVP new high of $5.75. Somebody must know something we don't.
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