International Business Machines Corp
NYSE:IBM
IBM's latest stock split occurred on Nov 4, 2021
The company executed a 1046-for-1000 stock split, meaning that for every 1000 shares held, investors received 1046 new shares.
Before the split, IBM traded at 127.13 per share. Afterward, the share price was about 104.4713.
The adjusted shares began trading on Nov 4, 2021. This was IBM's 5th stock split, following the previous one in May 27, 1999.
SBET
International Business Machines Corp
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International Business Machines Corp., known globally as IBM, is a storied pillar of American enterprise and innovation, tracing its roots back to the early 20th century. Originally starting with products like tabulating machines and punch cards, IBM quickly carved a niche for itself in the burgeoning field of data processing. As the decades rolled on, IBM transformed alongside the digital revolution; it was a key player in the creation of the modern computer. The company adeptly shifted its focus, catering not only to the massive corporate demand for computing solutions but also pioneering research in areas like artificial intelligence and quantum computing. This adaptability underscores IBM's proficiency in leveraging its historical expertise in hardware to evolve into a leader in software and services. Today, IBM generates revenue through a diversified portfolio that combines traditional strengths with cutting-edge innovations. Its business model is intricately balanced between hardware, software, and a major focus on high-margin services. Core to its operations is its cloud computing segment, where IBM Cloud stands as a formidable competitor against giants like Amazon and Microsoft. Additionally, its consulting services leverage deep industry expertise to solve complex IT challenges for businesses worldwide, encapsulating a blend of technology and human insight. By continuously investing in research and development, IBM not only positions itself at the forefront of technological advancements but also sustains its adaptability to industry demands, securing its place as a perennial heavyweight in the tech industry.
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