Sempra Energy Stock Split on 22 August 2023
NOTIFICATIONS
Please be informed that Sempra Energy (SRE) 2-for-1 stock split is set to take effect as per the following schedule:
- Ex-Date: 22 August 2023
Common shares of SRE will trade at the new split-adjusted price from 22 August 2023 onwards.
How will this split affect you?
Account Type | Order Type | New Price | New Volume |
Live | Open Positions | 1/2 of Original Price | 2x Original Volume |
Stop loss / takeprofit settings | |||
Pending orders* | Deleted | Deleted | |
Demo | Open positions | Deleted | Deleted |
Pending orders* | Deleted | Deleted |
*All pending orders including buy limit, sell limit, buy stop, sell stop, buy stop limit, and sell stop limit will be removed.
**While the number of SRE shares you hold will be multiplied by 2 post-split, the price per contract of your SRE shares will be divided by 2.
Please refer to the following case examples for your further understanding on how this stock split may affect you:
- If you own 1 SRE share trading at $150 per share before the ex-date, you will own 2 shares valued at $75 per share after the split.
- If you sell 1 SRE share trading at $150 per share before the ex-date, you will receive the pre-split price, which is $150. However, you will not receive any split shares.
- If you buy 1 SRE shares trading at $150 per share before the ex-date, you will purchase the shares at the pre-split price of $150 per share. Following the split, you will receive an additional 1 share, and the price of each share will be adjusted accordingly.
Will the split affect short sellers?
Stock splits do not affect short sellers in a material way. While the volume of the short position held may be affected as a result of the split, the value of the short position held is not affected.
If you have any questions about these changes, or require assistance, please do not hesitate to contact [email protected].