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If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
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Legal Definitions - share split
If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
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Definition of share split
A share split, also known as a stock split, is when a company issues two or more new shares in exchange for each old share without changing the proportional ownership interests of each shareholder. For example, if a company does a 3-for-1 split, an owner of 100 shares would receive a total of 300 shares, or 3 shares for each share previously owned.
A stock split lowers the price per share, making the stock more attractive to potential investors. This can help increase liquidity and trading volume in the stock market.
For example, if a company's stock is trading at $100 per share and they do a 2-for-1 split, the new price per share would be $50. This lower price may attract more investors who were previously unable or unwilling to invest at the higher price.
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Simple Definition
A share split, also known as a stock split, is when a company issues two or more new shares in exchange for each old share without changing the proportional ownership interests of each shareholder. For example, a 3-for-1 split would give an owner of 100 shares a total of 300 shares, or 3 shares for each share previously owned. This makes the stock more affordable and attractive to potential investors. A reverse stock split is the opposite, where a company reduces the number of shares by calling in all outstanding shares and reissuing fewer shares with greater value.
If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
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