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Buscar Company Forward Split

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Buscar Company (OTC Pink:CGLD) has announced a 3 ½ for 1 forward stock split, effective for all shareholders of record as of February 11, 2022. The split means that each existing share will convert into 3.5 new shares, augmenting the total number of shares while maintaining the market cap. This action is intended to enhance liquidity in the trading of the company's shares without altering the overall market value. The company is in the process of filing the necessary documentation with FINRA, with a requirement to do so 10 days before the record date.

Positive
  • Implementation of a 3 ½ for 1 forward stock split aimed at enhancing liquidity.
  • The stock split is set to take effect for shareholders of record as of February 11, 2022.
Negative
  • None.

Buscar Company Announces 3 ½ for-1 Forward Stock Split.

BEVERLY HILLS, CA / ACCESSWIRE / January 24, 2022 / Buscar Company, Inc. (OTC Pink:CGLD) is announcing its plans to execute a forward share split based on three and one-half (3 1/2) new common shares for each one (1) old common share (the "Stock Split"). All shareholders of record as of the record date of February 11, 2022, will be entitled to the Stock Split. The total market value of the shares outstanding will not be affected because of this forward split. We are currently finalizing the filing for FINRA and are required to file with FINRA 10 days prior to the record date.

Contact:
+1. 833.539.4777
office@cgld.email

SOURCE: Buscar Company, Inc.



View source version on accesswire.com:
https://www.accesswire.com/685060/Buscar-Company-Forward-Split

FAQ

What is the stock split ratio announced by Buscar Company?

Buscar Company has announced a 3 ½ for 1 forward stock split.

When will the stock split for Buscar Company take effect?

The stock split will take effect for shareholders of record as of February 11, 2022.

What is the stock symbol of Buscar Company?

The stock symbol for Buscar Company is CGLD.

Will the forward stock split affect the total market value of Buscar Company?

No, the total market value of the shares outstanding will not be affected by the forward stock split.

When will Buscar Company file with FINRA regarding the stock split?

Buscar Company is required to file with FINRA 10 days prior to the record date of February 11, 2022.

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