Hello, everyone.
I have a question that bothers me a lot.
"The stock split will become effective immediately following the Distribution on October 1, 2016."
There are two things included in this sentence: stock split , and distribution of the stock .
This sentence can be read in two ways.
(1) The stock split will become effective immediately (following the Distribution) on October 1, 2016.
that is to say the stock split will become effective on October 1, 2016, while the Distribution will be finished on or earlier than October 1, 2016.
(2) The stock split will become effective immediately (following the Distribution on October 1, 2016).
that is to say the Distribution will be finished on October 1, 2016, and by the time it is finished, the stock split will become effective. Meaning that the stock split and the Distribution are on the same day.
Which explanation is right?
I have a question that bothers me a lot.
"The stock split will become effective immediately following the Distribution on October 1, 2016."
There are two things included in this sentence: stock split , and distribution of the stock .
This sentence can be read in two ways.
(1) The stock split will become effective immediately (following the Distribution) on October 1, 2016.
that is to say the stock split will become effective on October 1, 2016, while the Distribution will be finished on or earlier than October 1, 2016.
(2) The stock split will become effective immediately (following the Distribution on October 1, 2016).
that is to say the Distribution will be finished on October 1, 2016, and by the time it is finished, the stock split will become effective. Meaning that the stock split and the Distribution are on the same day.
Which explanation is right?