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Split Stock

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Split stock
(1) Purchases or sales shared with others. (2) Division of the outstanding shares of a corporation into a large number of shares. Ordinarily, splits must be proposed by directors and approved by shareholders.

Split Stock
1. A stock one owns with at least one other person. See also: Joint property.

2. See: Stock split.


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1996) found that the post split stock returns for firms that split their stocks are higher than those of a control sample of firms that do not split their stock.
To split stock at such a high ratio as 100-for-one as Livedoor did, was beyond the expectations of the financial authorities.
A common way to accomplish this is to split stock, usually offering two shares in the company's new stock for one share of its old stock; the price of shares then halves.
 
 
 
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