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Costco Stock Split News
Costco Announces Stock Split
Retail Giant to Divide Shares by Two
Costco Wholesale Corporation (COST) has announced a two-for-one stock split, effective July 15, 2024. This marks the fifth stock split in the company's history, with the previous split occurring in 2015.
In a statement, Costco CEO Craig Jelinek said, "This stock split demonstrates our confidence in the company's long-term growth prospects and is designed to make our shares more accessible to a broader range of investors."
The Motley Fool
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