Definition of stock split in English:
An issue of new shares in a company to existing shareholders in proportion to their current holdings.
- Adjusted for stock splits, shares have more than tripled, to about $28 a share, since the company first went public in 1996.
- Its stock leaped to a peak of about $60 a share, before a stock split in mid-2001, powered by a tide of plugs on business-TV programs.
- More often than not, the board of directors will approve (and the shareholders will authorize) a stock split in order to increase the liquidity of the share on the market.
Definition of stock split in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in India
Most popular in Pakistan