CSGP Stock Price: 10-For-1 Split

By Amit Chowdhry ● Jun 28, 2021
  • CoStar Group Inc (NASDAQ: CSGP) recently announced that its board of directors approved and declared a 10-for-1 split of CoStar Group’s common stock. These are the details.

CoStar Group Inc (NASDAQ: CSGP) – the leading provider of commercial real estate information, analytics and online marketplaces – recently announced that its board of directors approved and declared a 10-for-1 split of CoStar Group’s common stock in the form of a stock dividend as part of an effort to make stock ownership more accessible to employees and investors.

The company board set June 17, 2021, as the record date for the stock dividend. And each stockholder of record at the close of business on the record date will receive a dividend of 9 additional shares of common stock for each then-held share.

The dividend shares are scheduled to be distributed after the close of trading as of Friday, June 25, 2021, and to begin trading on a stock split-adjusted basis today.

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