BlackRock Announces 2-for-1 Share Splits for Four iShares ETFs (IOO, IXJ, KXI, ESGE)
Benzinga 8 years ago
NewsStock Split
NEW YORK--(BUSINESS WIRE)-- BlackRock (NYSE:BLK) announces that the iShares Board of Trustees and Board of Directors have authorized a share split for iShares Global 100 ETF (IOO), iShares Global Healthcare ETF (IXJ), iShares Global Consumer Staples ETF (KXI) and iShares MSCI EM ESG Optimized ETF (ESGE).
The Boards have approved a 2-for-1 split for these funds for shareholders of record as of the close of business on April 27, 2018, payable after the close of trading on May 1, 2018. The 2-for-1 split will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by the split.
Fund Name Ticker Inception Date NAV/Share
(as of 03/27/18) Proposed Forward
Split Ratio
iShares Global 100 ETF IOO December 5, 2000 $90.60 2 for 1
iShares Global Healthcare ETF IXJ November 13, 2001 $110.20 2 for 1
iShares Global Consumer Staples ETF KXI September 12, 2006 $98.35 2 for 1
iShares MSCI EM ESG Optimized ETF ESGE June 28, 2016 $75.51 2 for 1
The Boards have approved a 2-for-1 split for these funds for shareholders of record as of the close of business on April 27, 2018, payable after the close of trading on May 1, 2018. The 2-for-1 split will lower the share price and increase the number of outstanding shares. The total value of shares outstanding is not affected by the split.
Fund Name Ticker Inception Date NAV/Share
(as of 03/27/18) Proposed Forward
Split Ratio
iShares Global 100 ETF IOO December 5, 2000 $90.60 2 for 1
iShares Global Healthcare ETF IXJ November 13, 2001 $110.20 2 for 1
iShares Global Consumer Staples ETF KXI September 12, 2006 $98.35 2 for 1
iShares MSCI EM ESG Optimized ETF ESGE June 28, 2016 $75.51 2 for 1