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Why did Monsantos Board of Directors split the stock now?

April 26, 2017Directors monsanto Split stock

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Why did Monsantos Board of Directors split the stock now?

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The Board’s decision to split the stock was based on a desire to bring the company’s stock price more in line with the median range of stocks that trade in the S&P 500 Index. Monsanto’s stock was trading in the upper quartile of the S&P 500.