Edwards Lifesciences (EW) has announced a 3-for-1 forward stock split, effective date of Monday June 1st, 2020.
As of Monday, June 1st, shareholders will hold 3 shares of Edwards Lifesciences (EW) for every 1 share previously held. A forward stock split increases the total number of the company’s outstanding shares. A forward stock split does not by itself change the dollar value of your total holdings, but as always the market value of a company’s stock may change.
To better understand the conversion rate and number of shares you’d own after the split, take the number of shares you held before the split and multiply by 3. Note this should result in having more share(s) than you previously owned.
EXAMPLE: Shares previously owned x 3 = new shares
This corporate action affects all shareholders holding Edwards Lifesciences (EW) before the split. Note that historical graphs have been updated taking the split into account. Please consult your statements and trade confirmation(s) for details regarding your trades prior to the split. Due to this event, Cash App Investing will not be accepting scheduled orders for Edwards Lifesciences until after the Forward Split is fully processed.
If you have questions regarding corporate actions that affect shares you’re holding, we recommend contacting the appropriate company’s investor relations team, or visiting the investor relations page on their website for more information.
Investing involves risk; you may lose money. Brokerage services provided by Cash App Investing LLC, member FINRA/SIPC and a subsidiary of Square, Inc. Past performance of a security or financial product does not guarantee future results or returns. You should consider the risks before investing. For more on the risks of investing see our Disclosure Library.
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