Market capitalization (market cap) is the market value of a publicly traded company's outstanding shares. Market capitalization is equal to the share price multiplied by the number of shares outstanding. As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.
Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as June 30 or December 31.
RS history here speaks the truth Capital Change=shs decreased by 1 for 2 split. Pay date=8-14-01. Capital Change=shs decreased by 1 for 100 split. Pay date=10/26/2001. shs decreased by 1 for 150 split. Pay date=01/23/2007 Capital Change=shs decreased by 1 for 100 split Pay date=12/07/2007. Capital Change=shs decreased by 1 for 300 split Pay date=02/28/2012. Capital Change=shs decreased by 1 for 2000 split. Ex-date=01/15/2019. Pay date=01/15/2019.