Which of the following is an exchange of existing shares for a different (usually larger) number of "new shares," with proportionately different par and market values?

Question

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A stock split is when a company divides its existing shares into multiple shares to boost the liquidity of the shares. Although the number of shares outstanding increases by a specific multiple, the total dollar value of the shares remains the same compared to pre-split amounts, because the split does not add any real value.

Which of the Following Is an Exchange of Existing Shares