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In March, stockholders of Herbalife Nutrition approved a 2-for-1 stock split. After the split, how many shares of Herbalife stock will an investor have if she or he owned 160 shares before the split

Respuesta :

Tundexi

The number of shares that an investor will have after split is 320 shares.

Stock split refers to when a company divides its existing shares into multiple shares.

  • Here, we are to find the number of shares that an investor will own.

Given Information

Stock split rate = 2-for-1 stock split (2/1)

Share holding before split = 160 shares

Number of shares after the split = Share holding before split * Stock split rate

Number of shares after the split = 160 shares * 2/1

Number of shares after the split = 320 shares

Therefore, the number of shares that an investor will have after split is 320 shares.

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