Special dividends & stock splits

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LT3001
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Special dividends & stock splits

Post by LT3001 »

Guys - huge and long time fan of the game. May I suggest some a few very easy to implement/code suggestions for the game that I think would be quite useful:

*Stock splits: Could you please add a financial action that allows you to implement a stock split, when (say) the price is above $100 - the inverse of the mandatory 1:10 reverse split when you hit $1. This would be extremely easy to code into the game. It would also allow you to continue buying back shares post split, as at present you cannot do so if the shares on issue fall below a certain level (100k or 1m). This can be an annoyance if you have excess cash and want to buy out other shareholders.

*Special dividends: Currently if you have a lot of excess cash in a company, you can't get it out, as the maximum dividend payout is 100% of current earnings. Consider adding a 'special dividend' financial action option as well, where you can pay an immediate one-time dividend of a certain amount per share.

It could perhaps be necessary to employ a CFO in your headquarters in order to implement these financial actions as well (?). That's not necessary but it does seem like you are looking for features to add that HQ staff can implement.

Cheers!
Lyall
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Re: Special dividends & stock splits

Post by NFortuna3110 »

This would be awesome! It would deepen the "scope" of the actual financialized economy in the game. Advanced Capitalism....YEA!
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David
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Re: Special dividends & stock splits

Post by David »

*Stock splits: Could you please add a financial action that allows you to implement a stock split, when (say) the price is above $100 - the inverse of the mandatory 1:10 reverse split when you hit $1. This would be extremely easy to code into the game. It would also allow you to continue buying back shares post split, as at present you cannot do so if the shares on issue fall below a certain level (100k or 1m). This can be an annoyance if you have excess cash and want to buy out other shareholders.
Good suggestion. I will recommend it to the dev team. The $100 threshold may be too low. Perhaps $1000 is more reasonable?
megapolis
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Re: Special dividends & stock splits

Post by megapolis »

Finally! I was waiting for it all my life. Even $1000 per share split threshold will be awesome.
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Re: Special dividends & stock splits

Post by megapolis »

By the way, there is a hard price cap when you are unable to issue stocks anymore. It is around $350000-400000 per share. With that share price you cannot issue 1000 shares anymore because you have a limit of $220m per issue.
standardplayer
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Re: Special dividends & stock splits

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megapolis
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Re: Special dividends & stock splits

Post by megapolis »

Special dividends are a good idea but it does not solve my situation directly. I still have stock price ridiculously high.
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David
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Re: Special dividends & stock splits

Post by David »

There is a plan to implement special dividend and stock split for the Banking and Dividend DLC, after all the major features of the DLC are done.
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Re: Special dividends & stock splits

Post by Arcnor »

Awesome!
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David
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Re: Special dividends & stock splits

Post by David »

The Stock Split function has been implemented in the latest version 6.2.00. You may download it from http://www.capitalism2.com/forum/viewto ... =52&t=7160
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