Booking Holdings Inc. announced that its Board of Directors has officially approved a 25-for-1 stock split of its common shares.

The stock split plan will be implemented in the first quarter of this year, aiming to adjust the total authorized number of the company’s common shares. This split will significantly increase the total number of outstanding common shares while correspondingly reducing the par value per share. Stock splits are generally regarded as a signal of management’s strong confidence in future growth prospects and may enhance the liquidity and attractiveness of the stock in the secondary market.