TREX Co., Inc. () Stock Market info Recommendations: Buy or sell TREX stock? The all-time high Trex stock closing price was 90.60 on January 07, 2021.; The Trex 52-week high stock price is 90.74, which is 0.2% above the current share price. Please contact us here http://www.streetinsider.com/signup_content.php. The Ex-Split date indicates that the stock price will be adjusted to reflect the issuance of new shares due to the split. A split is applied today to Trex Company, Inc.'s stock price. For example, a 2000 share position pre-split, became a 4000 share position following the split. Stock split history for Trex since 1999. Tesla shares are much, much cheaper Monday after the stock's 5-1 split. A stock split only means that a company will issue more shares to all holders, which will reduce the price. You reached this page when attempting to access https://www.streetinsider.com/Stock+Splits/Trex+%28TREX%29+Announces+2-For-1+Stock+Split+Becomes+Effective+Today/14319952.html from 178.63.115.151 on 2021-01-10 23:55:00 UTC. Press Release Trex Company’s 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. Their market capitalization is $60 million dollars. Sep-14-20 09:07AM : From a Small Staging Company to the Big Stage Trex Commercial Products Celebrates 30 Years of Engineering Innovation . Their market capitalization is $60 million dollars. ET Vice President and CFO TREX: Trex Company, Inc. - Earnings Announcements. | Trex Company’s 2-For-1 Stock Split Becomes Effective Today. Jun. ET by Tomi Kilgore Here’s an overlooked way to play the ‘stuck-at-home’ trend in the stock market Split Announcements. Fundamentally, nothing changes, but the shares may be affordable for more investors with their lower pricing. Other. Splits aren’t that rare -- case in point, Tesla announced a stock split of their own in the wake of Apple's announcement. „One proxy for information asymmetry is the number of analysts making annual estimates of firm earnings‟ (Arbel and Swanson 1993). Company Splits, Company Splits Stocks, Company Splits Shares, List Of Company Splits - Moneycontrol.com If you are interested in www.streetinsider.com content, APIs are available. stock split announcements should be tested based on the abnormal return pattern before and after the stock split announcements in Malaysia. The mean abnormal return for all the firms in our sample over three days around the split announcement is 1.7% >t‐stat 19.50. Dennis C. Schemm Trex Company is the world’s largest manufacturer of high performance wood-alternative decking and railing with more than 25 years of product experience. PRESS RELEASE Businesswire . For more information, visit trex.com. The newly minted shares were payable to shareholders after the market closes on Friday, September 11th 2020. WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Let’s say a company has 1,000,000 outstanding shares of common stock trading at $60 per share. A monthly schedule of stocks to be split, along with the announcement date of the split, and the record date and split ratio. A few days later and with a lot less fanfare, Trex Company Inc (NYSE:TREX) also announced an upcoming stock split. Trex (TREX) Announces 2-For-1 Stock Split Becomes Effective Today Article Related Press Releases ( 1 ) Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! effect of stock split announcement for stocks with different level of information asymmetry during the 1984–1987 period. Trex Company is the world’s largest manufacturer of high performance wood-alternative decking and railing with more than 25 years of product experience. The additional shares were distributed yesterday in the form of a 100% stock dividend to shareholders of record at the close of business on August 19, 2020. Tesla has stated it will be offering a five-for-one stock split in the near future. Historical daily share price chart and data for Trex since 1999 adjusted for splits. An investor that had 100 shares of Trex stock prior to the split would have 200 shares after the split. According to Fama et al. Let's take a look at the wording of two different announcements: 1. Trex Company Announces Timing of Third Quarter 2020 Earnings.. 10/07/2020: 09:00: GLOBE: Trex Company Wins 2020 Sustainability Award for.. 10/05/2020: 09:03: GLOBE: Trex Plastic Film Challenge Teaches Students the Rewards of.. 10/02/2020: 14:11: EDGAR: Statement of Changes in Beneficial Ownership (4) 9/15/2020: 08:00: BW: Trex Company’s 2-For-1 Stock Split Becomes Effective Today: … Shares of Trex rose sharply in early trading in the stock market after the maker of wood-alternative deck products breezed past quarterly sales and profit views and announced a 2-for-1 stock split A split announcement can be worded in various ways, and for the novice it may appear at first glance that the interpretation should be different. Stock splits or stock reverse splits occur when a company owner or board of directors decides to issue one. As you were browsing www.streetinsider.com something about your browser made us think you were a bot. The split will not alter a shareholder’s percentage ownership in the Company nor the total value of all shares of the Company. For these reasons a firm may decide to declare stock split. The all-time high Trex stock closing price was 90.60 on January 07, 2021.; The Trex 52-week high stock price is 90.74, which is 0.2% above the current share price. Split Announcements. Stock Split Calendar This calendar lists the recent and upcoming stock splits and reverse splits across all US stock markets. Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor Trex Company’s 2-For-1 Stock Split … A daily schedule of economic events that could have an impact on individual stocks or the broader economy. Tesla's stock jumped as much as 6% in after-hours trading Tuesday after the company announced a five-for-one stock split, set to go into effect on August 31. When we exclude … Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Other. Historical daily share price chart and data for Trex since 1999 adjusted for splits. JavaScript needs to be enabled to complete CAPTCHA. The Record Date is August 19, 2020. Companies split their stocks for a variety of reasons and in a variety of ways. The company has delivered impressive returns for shareholders in the past several years, but it's now grappling with fears of reduced growth. Real time Trex (TREX) stock price quote, stock graph, news & analysis. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. „One proxy for information asymmetry is the number of analysts making annual estimates of firm earnings‟ (Arbel and Swanson 1993). ET by Tomi Kilgore Here’s an overlooked way to play the ‘stuck-at-home’ trend in the stock market Generally, a stock split occurs when a corporation multiplies the number of outstanding shares by a certain ratio, leading to share price shrinkage but unchanged market capitalization. Consolidated net sales increased 7% to $221 million The latest closing stock price for Trex as of January 07, 2021 is 90.60.. On August 3, 2020, the Company announced Board approval for a 2-for-1 stock split. 212-750-5800. The 2-1 split was announced on Monday, August 3rd 2020. In the end, Tesla's Aug. 11 announcement of its 5-for-1 stock split didn't offer much insight into the thought process that Musk and other company … Rich Smith | Sep 14, 2020. AdvisIRy Partners Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. After completing the CAPTCHA below, you will immediately regain access to www.streetinsider.com. Latest Stock Picks ... After the Tesla Stock Split: 2 "Splits" to Avoid, and 1 to Watch. Tesla’s stock prices jumped dramatically on Wednesday after a surprise announcement from the company. A monthly schedule of stocks to be split, along with the announcement date of the split, and the record date and split ratio. Let’s say a company has 1,000,000 outstanding shares of common stock trading at $60 per share. Please see the "Historical Prices" tab for adjusted price values. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. The Ex-Split date indicates that the stock price will be adjusted to reflect the issuance of new shares due to the split. Also, Trex is a leading national provider of custom-engineered railing and staging systems for the commercial and multi-family market, including performing arts venues and sports stadiums. GlobeNewswire. Prices shown are actual historical values and are not adjusted for either splits or dividends. Trex's stock split before market open on Monday, September 14th 2020. The latest closing stock price for Trex as of January 07, 2021 is 90.60.. Stay up to date with lastest Earnings Announcements for Trex Company, Inc. from Zacks Investment Research Business Wire. When we exclude … Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of composite decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered commercial railing systems, announced that its common stock will begin trading on a split-adjusted basis today. Upon effectiveness, the reverse stock split will cause a reduction in the number of shares of common stock outstanding and issuable upon the conversion of the Company’s outstanding stock … establish that stock split announcements in our sample are associated with abnormal returns, even after controlling for confounding news events in the form of earnings announcements, management guidance, and dividend change announcements. Trex topped earnings views and gave strong guidance, while the stock will also be split.. X. Trex Company’s 2-For-1 Stock Split Becomes Effective Today Business Wire WINCHESTER, Va. -- September 15, 2020 Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of … Trex Companys 2-For-1 Stock Split Becomes Effective Today. The wood-alternative decking maker has recovered well from the … Trex stock price target cut to $72 from $143 at Deutsche Bank Sep. 22, 2020 at 6:35 a.m. Stock split announcement could be used as a signal to resolve information asymmetry (e.g., Byun and Rozeff (2003)); 3) Increasing the liquidity of a firm’s stock is also another reason behind stock split. A split announcement can be worded in various ways, and for the novice it may appear at first glance that the interpretation should be different. Let's take a look at the wording of two different announcements: 1. The Ex-Split date indicates that the stock price will be adjusted to reflect the issuance of new shares due to the split. Trex's planned stock split -- 2-for-1, taking effect on Sep. 15 -- is therefore an example of the kind of stock split that should be good for investors. 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