Churchill Downs announced that its the board of directors approved a two-for-one stock split. The stock split will be effectuated by distributing to each shareholder one additional share for every outstanding share held as of May 5. The company expects the additional shares to be distributed on May 19 and the stock to begin trading at the split-adjusted price starting on May 22.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CHDN:
- Churchill Downs Incorporated Reports 2023 First Quarter Results
- Churchill Downs Incorporated Announces 2-for-1 Stock Split
- Nevada reports March statewide gaming win down 3.18% to $1.31B
- Churchill Downs price target raised to $298 from $273 at JMP Securities
- Bet On It: MGM gets step closer to $10B development plan in Japan