British American Tobacco ADR: Upcoming Stock Split

UK-based tobacco giant British American Tobacco PLC(BTI) has announced a stock split in the ratio of 2:1 with a ADR Record Date of 02/06/17.  The ADR closed at $115.21 on Friday. Last year, competitor Imperial Brands PLC(IMBBY) had a 2 for 1 stock split. 5-year return chart: Click to enlarge Source: Google Finance As a sin …

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Keep Calm And Consider Buying These Ten Stocks

The U.S. equity market fell sharply today with the Dow down 1.47% and the S&P 500 off by 1.67%. Unlike the dramatic reversal in the markets yesterday, investors simply wanted to dump risky assets such as stocks. Market participants are spooked by a multitude of fears including Greece, China, potential interest rate increase, global economic slowdown, commodity …

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Do Reverse Stock Splits Work?

Reverse stock splits rarely work. When a company is in serious trouble a silly reverse stock split will not change its fortune. Fundamental changes including new management, growth and other things have to occur in order for a reverse stock split to be successful. In most cases this does not happen. Rather the same incompetent managers …

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A Note on Roche Holding Limited ADR Stock Split

Swiss drug maker Roche (OTCQX: RHHBY) announced a stock split earlier this month. The ADR will split in the ratio of 2:1 effective Feb 27, 2014. Here are the details from the depository bank J.P.Morgan: The ADR ratio will be changed from four (4) ADRs to one (1) underlying equity security to a new ratio of …

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A Note on Continental AG Stock Split

Germany-based Continental AG (CTTAY) is one of the world’s largest tire and auto-parts makers. Due to the strong growth of the global auto industry the ADR is up over 80% year-to-date and closed at $210.93 today. Continental announced a stock split in the ratio 5:1 recently. The ADR Record Date is Dec 20, 2013 and …

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