I would like to know how mirror assets react to equity corporate actions like dividend payment or stock split or buy-back? Mainly splits and reverse-splits as these have greatest price impact per stock. Does the mirror assets split or reverse split the quantity in such situations?
We have another one
Alphabet Google quote
Stock Split Effected in Form of Stock Dividend (“Stock Split”)
Alphabet today announced that the Board of Directors had approved and declared a 20-for-one stock split (the
“Stock Split”) in the form of a one-time special stock dividend on each share of the Company’s Class A, Class B,
and Class C stock. The Stock Split is subject to stockholder approval of an amendment to the Company’s Amended
and Restated Certificate of Incorporation to increase the number of authorized shares of Class A, Class B, and
Class C stock to accommodate the Stock Split.
If approval is obtained, each of the Company’s stockholders of record at the close of business on July 1, 2022 (the
“Record Date”), will receive, after the close of business on July 15, 2022, a dividend of 19 additional shares of the
same class of stock for every share held by such stockholder as of the Record Date
Should I sell, hold, short, delta neutral hedge, a bit of all of them, both?
Or wait for the end of the split ?
I m brand new here, I m learning. Finance is thought. but ok. no worry.