Cooper Co (COO) has released an update.
On February 15, 2024, The Cooper Companies, Inc. announced a four-for-one stock split of its common stock, set to take effect on February 16. This move quadrupled the number of authorized shares, with trading on the adjusted basis beginning on February 20, 2024. Stockholders will receive their new shares in book-entry form, with no action required for those holding shares electronically. The stock split maintains the value and rights of the existing shares, while also adjusting the exercise prices and shares under the company’s equity incentive plans.
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