StoneX Group announces three-for-two stock split

StoneX Group (SNEX) said its board approved a three-for-two split of its common stock “to make stock ownership more accessible to employees and investors.” The stock split will be effected as a stock dividend entitling each stockholder of record to receive one additional share of common stock for every two shares owned. Additional shares issued as a result of the stock dividend will be distributed after close of trading on March 20, to stockholders of record at the close of business on March 10. Trading is expected to begin on a stock split-adjusted basis at market open on March 23.