No money was injured while filming

We have noticed a near-record wave of stock splits of late despite the trend of today where companies have tended to prefer high share prices over r
ecord share prices.  We also have several key splits coming up this week that investors will need to pay attention to.  These are from Six Flags Entertainment Corp. (NYSE: SIX), America Movil S.A.B. de C.V. (NYSE: AMX), Lululemon Athletica Inc. (NASDAQ: LULU), and MAXIMUS, Inc. (NYSE: MMS) are all executing their splits this week.

Basic price data and an impact has been listed if applicable.

Six Flags Entertainment Corp. (NYSE: SIX) declared its 2-for-1 stock split back on May 5 and the ex-date is June 28.  Shares were trading at $73.74 on the split date and they closed at an adjusted basis of $72.82 on Monday.

America Movil S.A.B. de C.V. (NYSE: AMX) is not one we routinely follow.  It has already declared a 2-for-1 stock and Yahoo! Finance lists June 30 as the payable date, with July 1 as the ex-date as the data that the share price reflects the adjusted price.

Lululemon Athletica Inc. (NASDAQ: LULU) announced the yoga split of 2-for-1 back on June 9, and its payable date is June 30 with an ex-date of July 1.  That means that it will reflect the split this coming Friday. Shares were at $86.14 before the split was announced, but now shares are up at $108.58 and an all-time high of $108.99 was hit Monday.

MAXIMUS, Inc. (NYSE: MMS) declared a 2-for-1 stock split back on May 9, and it has a payable date of June 30 with an ex-date that will reflect the adjusted share price of July 1.  Shares were at an adjusted $79.46 before it announced the split and $83.26 after its split, but now shares are at $80.71.

As a reminder, stock splits change nothing fundamentally under the shares.

JON C. OGG