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21:27
Booking Holdings Inc. announced that its Board of Directors has officially approved a 25-for-1 stock split of its common shares.
The stock split plan will be implemented in the first quarter of this year, aiming to adjust the total authorized number of the company’s common shares. This split will significantly increase the total number of outstanding common shares while correspondingly reducing the par value per share. Stock splits are generally regarded as a signal of management’s strong confidence in future growth prospects and may enhance the liquidity and attractiveness of the stock in the secondary market.
21:25
Jack In The Box Inc disclosed a contraction in its restaurant network size in the latest quarterly report.
In the first quarter, the company opened six new restaurants but closed fourteen stores, resulting in a net decrease in the number of restaurants.
21:09
Booking Q4 revenue reaches $6.35 billion, analysts expected $6.13 billion
Fourth quarter room night sales reached 285 million, while analysts expected 277.61 million. Revenue for the first quarter is expected to grow by 7%-9% at constant exchange rates, and the plan will grow by 5%-7%.
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