Mar
30
Starbucks stock split?
Filed Under Financial Planning
Mask asked:
i got a project to do with starbucks’s stock price. From 1997 to 2007, but during those year they have 3 split occured in 1999, 2001, 2005. Closing each year is Oct 1. So in Oct 1 1997 the stock price is $5.06. and 1998 price is $4.13. But starbucks have 2-for-1 stock splits in March 1999. And i check the Oct 1, 1999 stock price is $5.99.
i got a project to do with starbucks’s stock price. From 1997 to 2007, but during those year they have 3 split occured in 1999, 2001, 2005. Closing each year is Oct 1. So in Oct 1 1997 the stock price is $5.06. and 1998 price is $4.13. But starbucks have 2-for-1 stock splits in March 1999. And i check the Oct 1, 1999 stock price is $5.99.
My question is that mean i own 2 share and each worth $5.99? so total $11.98?
Question posted courtesy of: Carmen
Comments
Leave a Reply