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reverse split

Syllabification: re·verse split

Definition of reverse split in English:

noun

Reduction in the number of a company’s traded shares that results in an increase in the par value or earnings per share.
Example sentences
  • Trintech also announced a four-for-one reverse split in its Nasdaq shares to prevent the company being compulsorily delisted from the exchange.
  • At the time, the shares were trading at $1.10, and they were still trading at about that price last week, so the reverse split has done little to increase returns.
  • Lucent Technologies Inc, which has fallen from telecommunications bellwether to penny stock in less than three years, plans a reverse split of its shares to avoid being delisted from the New York Stock Exchange.

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