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I have not been involved behind the scenes. I'll point out liquidity seems like a likely advantage of splitting shares. You can do smaller trades with a wider a
by arg01 12y ago
I have not been involved behind the scenes. I'll point out liquidity seems like a likely advantage of splitting shares. You can do smaller trades with a wider audience/more frequently. The added liquidity would also make the shares more valuable to certain classes of traders which may raise the price.
- ghshephard 12y agoLiquidity would possibly be an issues with BRK-A, where 149 shares traded today (though I could make arguments as to why not) - but, AAPL traded 14mm+ shares today. I don't think you would have any problem finding someone to buy your shares at a reasonable spread within seconds. So, I don't buy liquidity as an issue in this situation.