Dear Clients,
Chipotle Mexican Grill Inc announced its 50-for-1 share split will take place after market close on June 25th. This means every 1 share of Chipotle Mexican Grill Inc. held by investors will be split to 50 shares. Meantime, the share price of Chipotle Mexican Grill Inc will be adjusted to one fifty.
As the CFD product #CMG provided by ATFX is derived from the Exchange-traded stock CHIPOTLE MEXICAN GRILL Corp., the product’s price will also undergo the share split rule.
Symbol | Product | Corporate Action | Date |
#CMG | Chipotle Mexican Grill Inc (CFD) | 50-for-1 share split | 25 June 2024 |
The example below describes how #CMG 50-for-1 share split affects current holding position.
Type | Volume (Lot) | Open price | Trade date |
Buy | 100 | 3282.55 | Before 25 June 2024 market close |
Buy | 5000 | 65.65 | After 25 June 2024 market close |
Type | Volume (Lot) | Open price | Trade date |
Sell | 100 | 3282.55 | Before 25 June 2024 market close |
Sell | 5000 | 65.65 | After 25 June 2024 market close |
Note:
- All pending orders Take Profit/Stop loss/Buy Limit/Sell Limit/Buy Stop/Sell Stop will be DELETED on 25 June 2024 after market closed.
- In order to ensure the price stability after the share split and to avoid affecting clients’ transactions, the start trading time of #CMG will be delayed by 5 minutes on 26 June 2024. It means the trading time start from 16:38 MT4 system time!!
Please feel free to contact us via email: [email protected] or call: 400-1200-143 if you have any questions.
Sincerely,
ATFX