As title. I’m having surprising difficulty in finding information on this.
The announcement states stockholders on record as of June 18 will receive 49 shares on June 25.
What if I’m a seller and sold my shares between 19-24? Do I still get 49 shares?
What if I’m a buyer who bought between 19-24? Do I just get screwed out of 98% of my equity on the 25th?
The implications here is much more drastic than ex-dividend date.
