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May 23, 2024 at 9:58 AM. Nvidia (NVDA), the semiconductor tech giant at the heart of the AI boom, announced plans for a stock split Tuesday, May 22 that could make shares cheaper for investors ...
Companies conduct stock splits for two reasons. First, splits make company stock more affordable to everyday investors by reducing the price of an individual share. Second, splits increase the ...
General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and fifth largest in the United States by total sales. [2]
Annual revenue for General Dynamics was $42.3 billion, up 7.3% compared to 2022. General Dynamics' Combat Systems unit, which makes tanks, posted a 14.8% rise in revenue from a year earlier.
Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. [1] It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. [2] When used in coordination with increased corporate leverage, buybacks can increase share prices.
The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.
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