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Shopify is the latest tech company to split its stock.
Dreamstime
The stock split trend continues.
Shopify
(ticker:
SHOP
) shareholders on Tuesday approved a 10-for-1 split, along with the issuance of a new “founder share” that cements CEO Tobi Lütke’s control of the Ottawa-based e-commerce software company.
Under terms of the stock split, shareholders of record on June 22 will receive nine…