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Carvana to conduct its first stock split at a 1-for-5 ratio

Carvana to conduct its first stock split at a 1-for-5 ratio

格隆汇格隆汇2026/03/16 06:35
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格隆汇3月16日|US used car retailer Carvana announced that it will carry out its first stock split, dividing each share into five shares. Companies typically conduct stock splits to lower share prices, making it easier for more investors, especially retail investors, to access the stock, which helps improve liquidity and expand the shareholder base. The company expects the stock split to officially take effect at the opening of the US stock market on May 7.
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