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Canadian Imperial Bank of Commerce CM


Primary Symbol: T.CM Alternate Symbol(s):  T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.


TSX:CM - Post by User

Comment by fakmizon May 16, 2022 7:29pm
290 Views
Post# 34687774

RE:$$ ;

RE:$$ ;Cm Split 2 for 1 as at May13th. So if you had 100 shares on May 10th, you now have 200, thus the price also halved.  In addition the dividend is halved. Effectively you have the same value oif shares but more of them.  This was done to provide more shares and allow people to buy a good investments at a cheaper market price.
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