What is the primary reason for a stock split?

Question

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When a company decides to perform a stock split, it increases the number of shares outstanding by issuing more shares to current shareholders. For example, in a 2-for-1 stock split, each shareholder receives an additional share for each share they already own, effectively doubling the number of shares outstanding. However, the overall value of the company doesn't change; instead, the price of each individual share is reduced to reflect the increase in the number of shares.
The main purpose of decreasing the market value per share through a stock split is to make the shares more affordable and attractive to a broader range of investors. When the price per share is lower, it can seem more accessible, especially to small investors, and can potentially increase liquidity in the stock. This can also lead to a perception of growth potential, as stock splits are often conducted by companies that have seen their share prices increase significantly.

What Is the Primary Reason for a Stock Split