Nintendo Stock Split: The Real Reason It Matters
Nintendo (OTC: NTDOY) (OTC: NTDO.F) completed its 10-for-1 stock split in Japan on Sept. 29. This split also affected Nintendo's over-the-counter American Depositary Receipts (ADRs), which trade under two tickers.
Nintendo's NTDOY shares, which each represent one-eighth of the underlying stock in Japan, completed a 5-for-1 split. Its NTDOF shares, which represent a single Japanese share, executed a 10-for-1 split.
Image source: Nintendo.
Source Fool.com
