=+LG 6 P14–14 Stock splits Brembo, an Italian automotive braking-systems supplier, announced that it was going to split the stock 5-for-1. Brambilla Fumagalli owns 100 shares of the company, which he had purchased for €40 per share years ago. Just before the stock split, Brembo’s shares were trading for €64.

Answer the following questions about the impact of the stock split on Brambilla’s holdings and taxes. He is in the 23% tax bracket.