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🚀 Big News: Broadcom’s 10-for-1 Stock Split Happens on July 12! - News / Trading Activity Information - FXGlobe Help Center

Jul 11 2024

🚀 Big News: Broadcom’s 10-for-1 Stock Split Happens on July 12!

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Hi Trader,

Have you heard? Broadcom’s 10-for-1 stock split happens later this week! 🎉


What’s Happening?

Starting July 15, 2024, Broadcom (AVGO) will be trading at one-tenth the price, following Nvidia last month, bringing its stock price down to Earth.


What Does This Mean for You?.

• Lower Price: Trade Broadcom with more flexibility!

• 10x Shares: If you hold AVGO CFD shares on July 12, you’ll have 10x post-split at the same total value.


Example:

1 CFD share at today’s price of approximately $1,745.99, will be worth 10 CFD shares priced at $174.59 after the split.


Dates to Know:

🗓️ July 12: Extra CFD shares distributed after market close.

🗓️ July 15: Trading of Broadcom stock on a split basis begins.


Curious? 👉 👉 Learn More

If you have any questions, our support team is here to help.

Happy trading!

FXGlobe Team