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Bullboard - Stock Discussion Forum Canadian Imperial Bank of Commerce CM


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

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has 13million personal banking, business, public sector and institutional clients. Across personal and business banking, commercial banking and wealth management, and capital markets businesses, the Company offers a full range of advice, solutions and services through its digital banking network and... see more

TSX:CM - Post Discussion

Canadian Imperial Bank of Commerce > Anyone know what date the stock split will take place ?
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Post by RayDonovan78 on May 09, 2022 8:21am

Anyone know what date the stock split will take place ?

Anyone know what date the stock split will take place ?
Comment by Hungus on May 09, 2022 9:22am
Last day to buy any shares pre-split will be on Friday May 13th before the market close. First post-split trading day will be Monday May 16th. https://ca.finance.yahoo.com/news/cibc-announces-election-directors-shareholders-200100499.html "CIBC shareholders of record as of the close of business on May 6, 2022 (the "Record Date") will receive on May 13, 2022  ...more  
Comment by djanarchy666 on May 10, 2022 10:40am
Does this mean that after the split, the stock will be trading around $70?
Comment by Chefboy69 on May 10, 2022 9:34pm
yes it does
Comment by bmeister2 on May 13, 2022 9:47am
It says May 16 for split,but my question for the pundits is, will the divvy be half of what it is now? I assume so as the stock price is half,so the divvy should be the same. Thanks
Comment by djanarchy666 on May 13, 2022 5:05pm
Yes, the dividend will be adjusted post-split to  half the current value.
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