{"slug":"reverse-split-round-up-or-cash-in-lieu","qid":"cash_in_lieu_math","label":"First week post split average close, and what half a share would pay","post_title":"Reverse Split: Round Up or Cash in Lieu?","post_url":"/blog/reverse-split-round-up-or-cash-in-lieu#q-cash_in_lieu_math","columns":["ticker","split_terms","avg_close_first_week","half_share_payout"],"rows":[{"ticker":"LIBD","split_terms":"1-for-1","avg_close_first_week":294.4,"half_share_payout":147.2},{"ticker":"LIAU","split_terms":"1-for-1","avg_close_first_week":274.86,"half_share_payout":137.43},{"ticker":"LIAM","split_terms":"1-for-1","avg_close_first_week":245.32,"half_share_payout":122.66},{"ticker":"HON","split_terms":"1-for-2","avg_close_first_week":226.9,"half_share_payout":113.45},{"ticker":"LIAE","split_terms":"1-for-1","avg_close_first_week":218.04,"half_share_payout":109.02},{"ticker":"LFBE","split_terms":"1-for-1","avg_close_first_week":193.74,"half_share_payout":96.87},{"ticker":"LFDR","split_terms":"1-for-1","avg_close_first_week":193.71,"half_share_payout":96.85},{"ticker":"LFAW","split_terms":"1-for-1","avg_close_first_week":182.21,"half_share_payout":91.11},{"ticker":"LFAO","split_terms":"1-for-1","avg_close_first_week":173.19,"half_share_payout":86.6},{"ticker":"LFAI","split_terms":"1-for-1","avg_close_first_week":159.86,"half_share_payout":79.93},{"ticker":"DD","split_terms":"1-for-3","avg_close_first_week":137.12,"half_share_payout":68.56},{"ticker":"BNDD","split_terms":"1-for-8","avg_close_first_week":99.61,"half_share_payout":49.8}],"shape":"series","sql":"WITH recent_reverse_splits AS\n(\n    SELECT\n        ticker,\n        max(execution_date)                                           AS split_date,\n        toUInt32(round(toFloat64(argMax(split_from, execution_date))\n                     / toFloat64(argMax(split_to, execution_date))))  AS ratio\n    FROM global_markets.stocks_splits\n    WHERE split_from > split_to\n      AND execution_date >= today() - 400\n      AND execution_date <= today() - 15\n      AND ticker NOT IN ('SPCX')\n    GROUP BY ticker\n)\nSELECT\n    r.ticker                                AS ticker,\n    concat('1-for-', toString(r.ratio))     AS split_terms,\n    round(avg(toFloat64(d.close)), 2)       AS avg_close_first_week,\n    round(avg(toFloat64(d.close)) / 2, 2)   AS half_share_payout\nFROM recent_reverse_splits AS r\nINNER JOIN global_markets.stocks_daily_aggs AS d ON d.ticker = r.ticker\nWHERE d.date >= r.split_date\n  AND d.date <  r.split_date + 8\n  AND d.date >= today() - 420\nGROUP BY r.ticker, r.ratio\nORDER BY avg_close_first_week DESC\nLIMIT 12","computed_at":"2026-10-06T15:23:22.174693+00:00","elapsed":1.480999705}