Re MSTR Split Consternation (Patreon)
Content
The wording used on the MicroStrategy website regarding the stock split has certainly raised eyebrows. It's important for everyone to know that despite the unusual language, shareholders should still receive the split shares. Typically, shareholders of record by the close on August 1st are eligible, but the distinctive phrasing has caused some confusion.
Having been involved in hundreds of stock splits myself, I find this phrasing a tad weird, and I wanted to highlight it to ensure investors are informed.
Even those purchasing shares last minute on August 7th might still be curious about their eligibility, though traditionally, the key date is the record date, not the payable date.
Either way I am not buying or selling till after the split just in case and I am moving large numbers of shares so I share this out of an abundance of caution.
READ HERE FOR YOURSELVES
https://www.microstrategy.com/press/microstrategy-announces-10-for-1-stock-split_07-11-2024