Dear Clients,
Walmart announced its 3-for-1 share split will take place on Feb 23rd. This means every 1 share of Walmart Inc held by investors will be split to 3 shares. Meantime, the share price of WMT will be adjusted to one third.
As the CFD product #WMT provided by ATFX is derived from the Exchange-traded stock Walmart Inc, the product’s price will also undergo the share split rule.
Symbol | Product | Corporate Action | Date |
#WMT | Walmart Inc CFD | 3-for-1 share split | 23 Feb 2024 |
The example below describes how #WMT 3-for-1 share split affects current holding position.
Type | Volume (Lot) | Open price | Trade date |
Buy | 100 | 170.40 | Before 23 February 2024 |
Buy | 300 | 56.80 | After 23 February 2024 |
Type | Volume (Lot) | Open price | Trade date |
Sell | 100 | 170.40 | Before 23 February 2024 |
Sell | 300 | 56.80 | After 23 February 2024 |
Note:
- All pending orders Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop will be DELETED on 23 February 2024 after market closed.
- In order to ensure the price stability after the share split and to avoid affecting clients’ transactions, the start trading time of #WMT will be delayed by 5 minutes on 26 February 2024. It means the trading time start from 16:38 MT4 system time!!
Please feel free to contact us via email: cs.gm@atfx.com or call: 400-1200-143 if you have any questions.
Sincerely,
ATFX