InvestorsHub Logo

JusticeWillWin

05/16/24 11:11 AM

#727939 RE: PickStocks #727938

No, a forward split (and also a reverse split) is done on the outstanding shares. What do you mean with "added shares" exactly? If you mean the shares that COOP bought back, no, they are retired. They cannot be issued again. A forward split simply means, for example 1-to-4, you then have 4 times the COOP shares you currently have, but each share has only 1/4 of value, so it is (exactly as the reverse split) neutral. But a forward split is considered positive and a reverse split negative.

Are you saying the added shares could be a forward split?

Bullish
Bullish