AI English summary of an SEC filing — figures as filed
The Cooper Companies COOThe company said it filed a certificate of amendment with the Delaware Secretary of State on February 15, 2024 to effect a four-for-one stock split and proportionately increased its authorized shares from 120,000,000 to 480,000,000. The par value per share remains $0.10, unchanged.
Key points
AI summaryThe company said it filed a certificate of amendment with the Delaware Secretary of State on February 15, 2024 to effect a four-for-one stock split and proportionately increased its authorized shares from 120,000,000 to 480,000,000. The par value per share remains $0.10, unchanged.
The company said the stock split became effective at 5 p.m. Eastern Time on February 16, 2024. It said trading on a split-adjusted basis under the existing ticker "COO" is expected to begin at market open on February 20, 2024. The new CUSIP number is 216648501.
The company said the split is a mandatory exchange in which every 1 outstanding share of common stock is automatically divided into 4 shares, and that it does not change the rights or preferences of the common stock. It also said the exercise prices and number of shares underlying outstanding equity awards will be adjusted proportionately.
The company said its board approved the stock split on December 6, 2023, and that stockholder approval was not required under Section 242(d) of the Delaware General Corporation Law. It said holders of book-entry shares or shares held through a bank or broker do not need to take any action.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
4-for-1 Stock Split and Increase in Authorized Shares
The company said it filed a certificate of amendment with the Delaware Secretary of State on February 15, 2024 to effect a four-for-one stock split and proportionately increased its authorized shares from 120,000,000 to 480,000,000. The par value per share remains $0.10, unchanged.
Source · Based on the filing body and exhibits
Stock Split Effective Time and Trading Start Date
The company said the stock split became effective at 5 p.m. Eastern Time on February 16, 2024. It said trading on a split-adjusted basis under the existing ticker "COO" is expected to begin at market open on February 20, 2024. The new CUSIP number is 216648501.
Source · Based on the filing body and exhibits
Stock Split Method and Equity Award Adjustments
The company said the split is a mandatory exchange in which every 1 outstanding share of common stock is automatically divided into 4 shares, and that it does not change the rights or preferences of the common stock. It also said the exercise prices and number of shares underlying outstanding equity awards will be adjusted proportionately.
Source · Based on the filing body and exhibits
Board Approval and Stockholder Action Notice
The company said its board approved the stock split on December 6, 2023, and that stockholder approval was not required under Section 242(d) of the Delaware General Corporation Law. It said holders of book-entry shares or shares held through a bank or broker do not need to take any action.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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