On March 19, 2024, Chipotle Mexican Grill Inc. (NYSE: CMG) announced a 50-for-1 stock split. If approved by shareholders at the company's annual meeting in June 2024, shareholders who hold shares on the record date of June 18 will receive 49 additional shares of CMG stock for every share of stock they own (including fractional shares).
The Chipotle split may have surprised and delighted investors. But analysts have been eyeing CMG stock as a potential split candidate. That speculation ramped up after Walmart Inc. (NYSE: WMT) announced a 3-for-1 stock split in January 2024.
However, the split has renewed interest in what companies may be next to split their stock.
That's the focus of this special presentation. Despite their ability to buy fractional shares, many retail investors turn away from companies with stocks that carry a high price tag. A split, therefore, can make the company's stock more appealing to a broader range of investors.
Here are seven companies that analysts speculate may be next to split their stock.
Click the "Continue to Slide #1" button to view the first company.
