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 …
Continue reading ‘A Note on Roche Holding Limited ADR 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 …
Bunzl plc (BZLFY) stock split in the ratio of 5:1 on Nov 26, 2013 with a record date of Nov 25, 2013. As a result of this split, ADS holders received 4 additional ADSs for each ADS held. Here is the announcement details: Bunzl SA has informed Citibank that it will change the ratio of …
Puerto Rico-based Doral Financial (DRL) used to be a hi-flyer primarily due to sub-prime mortgage lending before the financial crisis. As the stock continued to plunge and headed towards $0.00 the bank implemented a reverse split on August 20, 2007 in the ratio of 1:20 when the stock reached a low of $0.54 a share. …
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