stock split. The issuance of 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. A stock split lowers the price per share and thus makes the stock more attractive to potential investors.
— Also termed share split. [Cases: Corporations 66. C.J.S. Corporations §§ 177–179.]
reverse stock split. A reduction in the number of a corporation’s shares by calling in all outstanding shares and reissuing fewer shares having greater value. [Cases: Corporations 68. C.J.S. Corporations §§ 177, 180–183.]
双语律师Lorna，国际知名商学院金融专业，擅长翻译涉及
金融创新和金融科技领域的法律文件。
