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Oracle, however, has a history of executing splits with its stock price in double digits. Its last split happened when it was trading at $63 a share in October 2000.
Given that Oracle last split its stock more than 24 years ago, investors may be wondering if it would go down this route once again. After all, many brokerages allow investors to buy fractional ...
Key Points Oracle has executed many stock splits in the past, but its last one was a long time ago. A stock split is simply a cosmetic move that won't affect Oracle's solid prospects.
Finally, the post-split price is determined by the ratio of the split, so a 10-for-1 split, with an original stock price of $1,000, would bring the price down to $100 post-split.
Finally, the post-split price is determined by the ratio of the split, so a 10-for-1 split, with an original stock price of $1,000, would bring the price down to $100 post-split.
Finally, the post-split price is determined by the ratio of the split, so a 10-for-1 split, with an original stock price of $1,000, would bring the price down to $100 post-split.
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