Split stock

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.
References in periodicals archive ?
Similarly, as to the split stock, Hvozdovic had the burden to show the value of the stock that was acquired during the marriage as opposed to the stock acquired post-separation.
Acraglas is often used to repair a splitting or even a completely split stock and works great for this chore as well.
On the other hand, Astral Poly rose 45 perc ent after the announcement of the split in April as the company's fundamentals were strong but its stock had low liquidity." EXPLAINING STOCK SPLIT Stock split involves division of equity shares by lowering their face value.
A momentum can be seen in the split stock after the announcement, but it is generally short-lived."
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.
Hence, Groman and Bashford may be read narrowly as involving a recharacterization of a portion of the split stock consideration as taxable boot.
M2 EQUITYBITES-December 2, 2015-NeuroMetrix to reverse split stock on-for-four effective 1 December
Arundhati Bhattacharya, chairman of State Bank of India, said: 'The decision to split stock will enhance broader investor participation specifically retail participation and increase in demand will enhance P/E Ratio.'
A stock split boosts the number of outstanding shares of a company, while lowering the per-share market price of the split stock without any change in the aggregate market value at the time of a split.
"The purpose (of splits), apparently, is to bring the market price of the split stock down to the desired range--in the nineteen forties and fifties, $15 to $40 a share." -- Arthur Stone Dewing (1953) in the leading finance text of the day
"Globally, the macroeconomic growth has been broadly supportive for QNB Group," its chairman and Minister of Finance HE Ali Shareef Al-Emadi told shareholders at the general assembly meeting, which approved 60% cash dividend and the proposal to split stocks in 1:10 ratio.