An increase in the number of shares of a company's stock accompanied by a proportionate reduction in the stock's par value is a

Name: An increase in the number of shares of a company's stock accompanied by a proportionate reduction in the stock's par value is a
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Question

Quizplus · Accepted Answer

A stock split increases the number of shares of a company's stock by dividing each share, which decreases its par value proportionately but does not change the total value of shares held by shareholders.

An Increase in the Number of Shares of a Company's