Arista Networks (ANET): 4-For-1 Stock Split Goes Into Effect Today

By Amit Chowdhry ● Nov 18, 2021
  • The Arista Networks Inc (NYSE: ANET) stock split has gone into effect today. These are the details.

The Arista Networks Inc (NYSE: ANET) stock split has gone into effect today. Arista’s board of directors had approved of the 4-for-1 stock split on November 1.

The company decided to split the stock in order to make it more accessible to a broader base of investors. Each Arista shareholder of record at the close of business on November 11, 2021 will receive 3 additional shares for every share held on the record date and trading will begin on a split-adjusted basis today.

It’s also worth mentioning that Arista’s board approved a new $1 billion addition to its stock-repurchase program last month.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.