1 Existing Share To Split Into 6 New Shares; 8 Mega Stocks Splitting In March; Do You Own Any?

March has arrived, and so have opportunities to buy your favourite stocks that were expensive, at a cheaper rate. That's the power of stock split. When a stock split happens, the company's number of shares increases, liquidity improves, and most importantly they become affordable. Not just that, demand for a particular stock is high in their pre-and-post-split days. If you're looking for investing stocks listed in the United States, here is a list of 8 mega stock splits in March so far.

Seven & i Holdings Co: (OTC)

3:2 Stock Split: Seven & I Group, a leading retail company focused on the food segment, has declared splitting its shares for a 3-to-1 ratio. This will be the first up for ex-split as its record date is fixed on March 4, 2024.

Seven & I Group is aiming to become a world-class food-focused retail group by proactively utilizing technologies and providing new experiences and values.

Hannover Rueck: (OTC)

3:1 Stock Split: Hannover Re is one of the world's leading reinsurers, and has announced stock split in the ratio of 3-for-1. The record date is fixed on March 5, 2024.

It transacts all lines of property & casualty and life & health reinsurance. The rating agencies most relevant to the insurance industry have awarded Hannover Re outstanding insurer financial strength ratings (Standard & Poor's AA- "Very Strong" and A.M. Best A+ "Superior").

China Pharma Holdings Inc: (AMEX)

1:5 Stock Split: China Pharma Holdings has announced a 1-for-5 reverse stock split on its common stock effective Wednesday, March 6, 2024, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the common stock will continue on the NYSE American under the symbol "CPHI".

Upon the effectiveness of the reverse stock split, every 5 shares of the Company's issued and outstanding common stock will automatically be converted into one share of issued and outstanding common stock. No fractional shares will be issued as a result of the reverse stock split.

China Pharma is a speciality pharmaceutical company that develops, manufactures, and markets a diversified portfolio of products, focusing on conditions with high incidence and high mortality rates in China, including cardiovascular, CNS, infectious, and digestive diseases.

GraniteShares 2x Long NVDA Daily ETF: (NASDAQ)

6:1 Stock Split: The highest stock split as of now in March is by this ETF to the tune of 6:1. Even though the world's largest AI company, NVIDIA has not yet announced any stock split despite rising by double-digit after its earnings, however, GraniteShares an issuer of ETFs had declared stock split of 6-for-1 for its fund called 'GraniteShares 2x Long NVDA Daily ETF'.

The stock split has a record date of March 13, 2024. The total market value of the shares outstanding will not be affected as a result of these splits.

GraniteShares 2x Long META Daily ETF: (NASDAQ)

5:1 Stock Split: Apart from NVDA ETF, GraniteShares has also announced the splitting of GraniteShares 2x Long META Daily ETF fund in the ratio of 5-for-1. The total market value of the shares outstanding will not be affected as a result of these splits. The record date is also set on March 13. All share splits will apply to shareholders of record as of the close of the NASDAQ Stock Market. (the "NASDAQ") on March 11, 2024 (the "Record Date"), payable after the close of the NASDAQ on the Payable Date. Shares of the Funds will begin trading on the NASDAQ on a split-adjusted basis on March 13, 2024 (the "Ex-Date").

GraniteShares is an independent ETF issuer headquartered in New York City.

CSP Inc: (Nasdaq)

2:1 Stock Split: CSP has announced a two-for-one stock split in the form of a 100% stock dividend on the Company's outstanding common stock. Each stockholder of record as of the close of business on March 6, 2024, will receive one additional share of common stock for every share of common stock held.

The distribution date for the stock split, or the date on which new shares will be distributed from the Company's transfer agent, Equiniti Trust Company, LLC, will be March 20, 2024. CSPi's Common Stock is expected to trade on a post-split basis at the market open on March 21, 2024. Upon completion of the stock split, the Company expects to have approximately 9,753,900 shares outstanding.

CSPi operates two divisions, each with unique expertise in designing and implementing technology solutions to help their customers use technology to succeed.

Old Dominion Freight Line: (Nasdaq)

2:1 Stock Split: The company has approved a two-for-one stock split of its common stock. The split will be effected by issuing one additional share of common stock for every share of common stock held. The additional shares will be distributed by Computershare Trust Company, N.A., the Company's transfer agent, on March 27, 2024, to shareholders of record as of the close of business on the record date of March 13, 2024. Upon completion of the split, the Company will have approximately 217,600,000 shares outstanding.

Accordingly, the stock will turn ex-dividend on March 28, 2023.

Old Dominion is one of the largest North American less-than-truckload ("LTL") motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Kikkoman Corp: (OTC)

5:1 Stock Split: The world's leading soy sauce brand, Kikkoman will split its equity shares in the ratio of 5-for-1. The record date is fixed on March 28, 2024.

Kikkoman Soy Sauce is shipped to over 100 countries from our eight overseas production plants, located in the U.S., Asia, Europe and South America. The company also distribute Asian foods through its global wholesale network, serving up Japanese and other Asian foods worldwide to enrich eating styles and satisfy any taste.