Southern Copper Stock Split Announced for August 11th

Southern Copper Corporation (NYSE:SCCO) has announced a stock split scheduled for August 11th, where one share will be split into 1.012 shares.

The newly minted shares will be payable to shareholders after the closing bell on Monday, August 10th. This means that investors who own SCCO shares as of August 10th will receive additional shares based on their current holdings.

Southern Copper's stock price has been trading at $179.69 per share, with a market capitalization of $148.44 billion and a P/E ratio of 26.27.