Now, that’s really going to make a lot of people richer! I’ve always wonder how a Malaysian Pixar fan can buy shares from overseas Stock Exchange. Not that I am trying to earn some quick bucks, but for a Pixar fan, a “share certificate” of the company definitely beats the hell out of just collecting their merchandises. Also, with such a strong reputation of producing masterpieces, I don’t see much risk in it for shareholders, unlesss of course, you are like Disney.
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Pixar Animation Studios announced March 23, 2005, that its board of
directors has approved a two-for-one split of the company’s common stock
and the number of outstanding shares will jump from 100 million to 200
million.At the close of trading on April 4, 2005, shareholders of record will
receive one additional share of Pixar for every outstanding share held on
the record date. Trading will begin on a split-adjusted basis on April 19.Pixar shares closed up a nickel that day, at $92.25. A year ago, the stock
was trading at $63.10 and peaked at $95.12 in early December. After hours,
shares picked up $1.19, to raise the price to $93.44.Source: www.awn.com
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Teddy
