A split-off of stock occurs when a corporation decides to demerge part of its business to its shareholders. In a split-off, the parent corporation offers to all of its shareholders the opportunity to exchange shares in the parent for shares in the split-off company. Unlike a spinoff, the shareholder no longer owns the shares in the parent company that they exchanged. This is more fully explained on the split-offs page.
Click on the image to the right to access the split-off calculator. Data for recent split-offs has already been provided in the calculator selection menu, such as:
Chipotle (from McDonalds) Coach (from Sara Lee) Mead Johnson (from Bristol-Myers) Ralcorp (from Kraft) Reinsurance Grp of America (from MetLife)