Friday 15th March 2002 1 Comment
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A: Companies often 'split' their shares. On a certain date they may divide every 1 share you have into 2 (or more - whatever the board decides). At some time in the past few years it appears Ecolab have had a share split. When they are quoting different share prices it is on a pre-split basis ie if the shares hadn't been split they would be worth 'x' rather than the 'y' they are worth now.
What is treasury stock?
What are imputation credits?
When is a company listed as CD (cum-dividend)?
Can I buy shares in my daughters' names?
What is an IPO?
What do bid/offer and buy/sell mean?
What does 'Div cps' stand for?
When do shares go ex-dividend?
What is a 'dividend yield'?
Do I have to sell my shares through the broker I bought them from?