Google Stock Split, July 1 meaning


https://www.fool.com/investing/how-to-invest/stocks/stock-split/calendar/

“Shareholders of record on July 1, 2022, will receive 19 additional shares for every share owned on July 15, 2022”

I know this was asked before but there was no explanation on the emphasis of July 1. To receive the additional shares, were you supposed to already own a share before July 1? If not, then why is the July 1 date there?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *