Input at least 2 letters

Cooper Companies ($COO) Stock Split History

Cooper Companies stock has experienced a total of 3 stock splits in its history, including a reverse stock split. The most recent stock split took place on November 25th, 2002. As a result of these stock splits, one Cooper Companies share purchased prior to September 26th, 1983, would now be equivalent to holding 0.7 Cooper Companies shares today.

Cooper Companies ($COO) Stock Split History Graph and Chart

Cooper Companies ($COO) Stock Split Dates

Date Ratio
11/25/20022 for 1
9/22/19951 for 3
9/26/198311 for 10

FAQs (Frequently Asked Questions)

How Does a Cooper Companies Share Split Work?

A Cooper Companies stock split is no different than any other stock split. Cooper Companies is simply packaging the number of outstanding shares in a different way. For example, in a 2-for-1 split, the amount of shares will double (and the price will be divided by 2, accordingly). Say you have 100 shares of Cooper Companies, then the day of the split you will receive 2 shares for every 1 share you hold in your brokerage account, meaning you will receive 200 shares on the stock split date. However, the price of the stock will reflect this change and your holding of Cooper Companies (in terms of value) will remain practically the same.

Benefits of a Cooper Companies Stock Split?

A stock split does not change the fundamental value of a company. Meaning a Cooper Companies stock split will not make the business more valuable. However, there is a psychological benefit in that the share price will be lower after the split, making shares seem more accessible to everyone and thus temporarily increasing demand and ramping up share prices. To further explore stock splits, please refer to Investopedia.

Buying Before or After a $COO Stock Split?

While this is not financial advice and we have not run any thorough studies on the matter, general consensus is that price tends to go up after the announcement of a stock split and before the stock split itself happens.

Why did $COO Perform a Reverse Stock Split?

A reverse stock split is the opposite of a normal stock split. So now, if you had 10 shares of $COO, you will only get 1 share (in the case of a 10-for-1 reverse stock split). Companies like Cooper Companies usually perform a reverse stock split when the share price is low. For example, if it is less than a dollar, it might be conceived as a penny stock. To avoid this appearance, you perform a reverse stock split and change the price per share.

Will Cooper Companies Stock Split?

Unfortunately, we do not know. There might be rumors of a Cooper Companies stock split, but the truth is that until the board proposes a shares split to its shareholders, it's all just noise.

How Does a Stock Split Affect $COO Options?

A stock split affects options the same way it affect shares. In the case of a 2-for-1, the strike price of all the options chain post-split will be divided by 2 automatically. So if you're holding CALLs or PUTs, the strike price of the $COO option will be automatically changed on the day of the split. Also, the number of shares will double. So if you have a CALL in a 2-for-1, after split you will have 2 calls to control 200 shares, and the strike price of those two CALLs would be halved.

Cooper Companies Shares Split Results in Fractional Shares

Not all shares splits are even. Some splits, like a 3-for-2 can result in shareholders owning fractional shares. In these cases it's best to contact your broker, to be clear on how they will handle the $COO shares split.