A consolidation of shares results in an increase in the amount of paid-up share capital, but not the amount of issued share capital.

Name: A consolidation of shares results in an increase in the amount of paid-up share capital, but not the amount of issued share capital.
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Question

Quizplus · Accepted Answer

A consolidation of shares involves reducing the number of shares and increasing their value, which results in a decrease in both the amount of issued share capital and paid-up share capital. Therefore, the statement is false.

A Consolidation of Shares Results in an Increase in the Amount