Crypto
Grayscale’s Zcash ETF files for 3-for-1 forward share split
At the close of trading on Sept. 28, shareholders will receive two extra shares for each one they hold.
Cointelegraph•
At the close of trading on Sept. 28, shareholders will receive two extra shares for each one they hold.
Grayscale’s Zcash ETF (ZCSH) plans a 3-for-1 forward share split, according to a filing with the US Securities and Exchange Commission.
At the close of trading on Sept. 28, shareholders will receive two extra shares for each one they hold, according to the filing.
Hypothetically, this means that if you owned 10 shares valued at $300 each for a total $3,000 before the split, afterward you will own 30 shares valued at $100 each for an unchanged total of $3,000, the release said.