Business
Everything you need to know about the Pushpay (ASX:PPH) share split
Earlier this month, payments platform company Pushpay Holdings Ltd (ASX: PPH) announced it will undertake a four-for-one share split. This means that each share held in the company before the share split will turn into four shares after the split takes place.
This process kicks off today, Tuesday 24 November, so here’s what you need to know.
Why is Pushpay splitting its shares?
Traditionally, share splits have been a way to make share ownership more accessible for smaller investors like you and me. That’s because companies with high share prices can be out of reach for investors if they can only purchase whole shares.
Imagine trying to buy a whole share (or more!) in Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK.A)
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