Stock-Split Watch: Is ASML Next?
Investors love to speculate about stock splits, and one of the more obvious targets for a split has been ASML (NASDAQ: ASML), the Netherlands-based company that is the world's only manufacturer of extreme ultraviolet (EUV) lithography machines. Those are massive, highly complex machines that chip manufacturers like Taiwan Semiconductor rely on to make the world's most advanced semiconductors.
ASML is a candidate for a stock spilt not because of its business model, but because of its share price, which is now hovering above $1,000. That puts the stock in rare company, as only 18 publicly traded companies out of more than 10,000 have a share price above $1,000.
In general, the higher a company's individual share price, the more likely it is to consider a stock split.
Source Fool.com
