Dear Clients
Alphabet(Google) (GOOG) announced that they will carry out 20-for-1 stock split which will be effective on 18 July 2022. This means each Alphabet(Google) shareholder will receive nineteen additional shares for every share held. The price of the stock will be divided by 20 on 18 July 2022 when market opening.
As the Alphabet(Google) shares CFD (#GOOG) that ATFX offers is derived from Alphabet(Google) shares on the Exchange, the price of the product #GOOG will also undergo stock split.
|
Symbol |
Product |
Corporate Action |
Effective Date |
|
#GOOG |
Alphabet(Google) CFD |
20-for-1 stock split |
18 July 2022 |
The example below describes how #GOOG 20-for-1 stock split affects current holding position
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 18 July 2022 |
Buy |
100 |
2240.00 |
|
After Split |
After 18 July 2022 |
Buy |
2000 |
112.00 |
|
Stock Split |
Date |
Type |
Volume (Lot) |
Open price |
|
Before Split |
Before 18 July 2022 |
Sell |
100 |
2240.00 |
|
After Split |
After 18 July 2022 |
Sell |
2000 |
112.00 |
Note:
1. All pending orders Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop will be DELETED after market closed on 15 July 2022.
2. In order to ensure the price stability after the stock split and avoid affecting clients’ transactions, #GOOG cannot be traded until 5 minutes after market opening on 18 July 2022. That means the trading hours will start from 16:38 MT4 system time!!
Please feel free to contact us via email: [email protected] or call:400-120-4881 if you have any questions.
Sincerely,
ATFX
