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Broadcom (NASDAQ: AVGO) has scheduled its 10-for-1 stock split for after the close of trading on July 12; shares will begin trading on a split-adjusted basis as of the opening bell on July 15. The ...
On March 30, 2007, Altria's 88.1% stake in Kraft Foods was spun off, through a distribution of the remaining stake of shares (88.1%) to Altria shareholders. That same year, Altria began selling all its shares of Philip Morris International to Altria stockholders, a spin-off that was completed on March 28, 2008.
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In between March and May 2008, the SEC announced charges against Broadcom for fraudulently backdating stock options for nearly five years, from June 1998 to May 2003. [18] In its complaint, the SEC alleged that Broadcom's top officers at the time had misrepresented the dates on which stock options were granted to executives and employees.
Broadcom’s decision to split its stock 10-for-1 is a strategic move aimed at making the company more appealing to a broader range of investors. Broadcom’s share price hovered around the $1,700 ...
Kraft was listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group. [7] In August 2011, the company announced plans to split into a North American grocery products business and a faster-growing global snacks company. [ 8 ]
Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets. As of 2023, some 79 percent of Broadcom's revenue ...
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