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What is a stock split?

What is a stock split?

Friday, May 26, 2017, 3:37 PM

A stock split is a decision by the company's board to increase the number of outstanding shares. If it decides to split the stock, instead of one share of a particular face value, the share holder will have two shares of the same yet equally divided face value. The stock can be even be split in a 3-for-1 or 5-for-1 manner.
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