This study investigates empirically the presence/absence of when-issued trading in a sample of firms announcing stock splits in 2005 and 2006. The findings indicate that the operational performance of when-issued traded and non-when-issued traded firms differs prior to and after the stock split ...
Stock splits: When less can be more.Stock splits: When less can be more.Discusses stock splits. Benefits of stock splits; The boost in stock prices; Average percent by which split stock outperforms the market; Comments from David Ikenberry, finance professor at Rice University; How the mar...
One of the primary effects of a stock split on options contracts is the adjustment of the contract’s deliverable. Since the number of shares per contract changes as a result of the split, the deliverable of the options contract must be modified to reflect the new share quantity. This adjust...
How can you make sure you stay over 350 on the IPI score? The simple answer is not to send a lot of excess stock to Amazon’s warehouses. Maintaining realistic stock levels in relation to sales will help you stay profitable and avoid these penalties. ...
A transaction that is made conditionally because a security has been authorized but not yet issued. Treasury securities, stock splits, and new issues of stocks and bonds are all traded on a when-issued basis. Prior to a new issue's offering, underwriters solicit potential investors who may el...
When issued (WI) is a transaction that is made conditionally because a security has been authorized but not yet issued. Treasury securities,stock splits, and new issues of stocks and bonds are all traded on a when-issued basis. Prior to a new issue's offering,underwriterssolicit potential ...
nonpublic information," Fagel said. "It can be anyone with a duty to the company—a low-level employee who is not a statutory insider still has a duty not to trade stock on nonpublic information; a temporary insider (like a company's outside lawyers and accountants) who ...
This study investigates empirically the presence/absence of when-issued trading in a sample of firms announcing stock splits in 2005 and 2006. The findings indicate that the operational performance of when-issued traded and non-when-issued traded firms differs prior to and after the stock split ...
(1987). Stock Splits and Stock Dividends: Why, Who and When. Journal of Finance, 42(4), 913-932, http://dx.doi.org/10.1111/j.1540-6261.1987.tb03939.x.Lakonishok, J. and B. Lev, 1987. "Stock splits and stock dividends: Why, who, and when." Journal of Finance, 62, 913-...
Lakonishok is from the Department of FinanceThe Journal of FinanceLakonishok, J, Lev, B (1987) Stock splits and stock dividends: why, who, and when. J Financ 42: pp. 913-932Lakonishok, J. and Lev, B. ( 1987 ), “ Stock splits and stock dividends: why, who and when ”,...