Alphabet(Google) Stock Split Announcement

Dear Clients

Alphabet(Google) (GOOG) announced that they will carry out 20-for-1 stock split which will be effective on 18 July 2022. This means each Alphabet(Google) shareholder will receive nineteen additional shares for every share held. The price of the stock will be divided by 20 on 18 July 2022 when market opening.

As the Alphabet(Google) shares CFD (#GOOG) that ATFX offers is derived from Alphabet(Google) shares on the Exchange, the price of the product #GOOG will also undergo stock split.

Symbol

Product

Corporate Action

Effective Date

#GOOG

Alphabet(Google) CFD

20-for-1 stock split

18 July 2022

The example below describes how #GOOG 20-for-1 stock split affects current holding position

Stock Split

Date

Type

Volume (Lot)

Open price

Before Split

Before 18 July 2022

Buy

100

2240.00

After Split

After 18 July 2022

Buy

2000

112.00

 

Stock Split

Date

Type

Volume (Lot)

Open price

Before Split

Before 18 July 2022

Sell

100

2240.00

After Split

After 18 July 2022

Sell

2000

112.00

 Note:

1. All pending orders Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop will be DELETED after market closed on 15 July 2022.

2. In order to ensure the price stability after the stock split and avoid affecting clients’ transactions, #GOOG cannot be traded until 5 minutes after market opening on 18 July 2022. That means the trading hours will start from 16:38 MT4 system time!!

Please feel free to contact us via email: [email protected] or call: 400-1200-143 if you have any questions.

 

Sincerely,

ATFX

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