English version

share split

From Longman Business Dictionary
Related topics: Finance
share splitˈshare ˌsplit (also stock split American English) FINANCE the act of dividing a company’s shares into smaller units. This is done to reduce the share price and make the shares easier to buy and sell, and does not affect the value of the company to shareholdersThe company declared a 3-for-1 stock split. The move followed a doubling of its stock price in the past 19 months. split
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