Demerging: what to do if you want to split your business into two separate parts

In early 2024, the retail giant’s shares cost almost $182 apiece, prompting management to announce a three-for-one forward stock split. That meant shareholders received an additional two shares for each one they already owned, trebled the number of shares in circulation, and lowered the share price to a more affordable $58.52. A carve-out is a […]

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