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What does it mean when a stock splits 3 to 1?

By IndianMoney , 6 months ago

1. A 3-for-1 stock split means that for every one share held by an investor, there will now be three. 2. In other words, the number of outstanding shares in the market will triple. At the same time, the price per share after the 3-for-1 stock split will be reduced by dividing the price by 3.

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