________ is the term used when a firm decides to consolidate its stock into a lesser number of outstanding shares.

Question

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A reverse split is the process of consolidating a firm's stock into a lesser number of outstanding shares. This is usually done by a company with a low stock price in order to increase the perceived value of the stock. For example, a 1-for-5 reverse split would turn every 5 shares of stock into 1 share, effectively multiplying the stock's price by 5.

________ Is the Term Used When a Firm Decides to Consolidate