CompoSecure, Inc. (Nasdaq: CMPO) Executes Stock Split and Spins Off Subsidiary

CompoSecure, Inc. (Nasdaq: CMPO) is a key player in the metal payment cards and security solutions industry. On February 28, 2025, CMPO executed a stock split, exchanging 250 shares for every 301 shares held. This move coincided with the spin-off of its subsidiary, Resolute Holdings Management, Inc. (Nasdaq: RHLD), into an independent public company.

The spin-off of Resolute Holdings was a strategic decision by CompoSecure, effective at 12:01 a.m. Eastern Standard Time on the same day as the stock split. Shareholders of CompoSecure as of February 20, 2025, received one share of Resolute Holdings for every twelve shares of CompoSecure they held. This distribution is considered a taxable dividend under U.S. federal and state tax laws.

The current price of CMPO is $13.34, reflecting a decrease of 13.94% with a change of -$2.16. Today, the stock has fluctuated between a low of $12.10 and a high of $13.58. Over the past year, CMPO has reached a high of $14.71 and a low of $3.83. The company's market capitalization stands at approximately $1.33 billion. The trading volume for CMPO is 3,209,060 shares on the NASDAQ exchange.