A stock split can involve issuing more shares of stock than authorized in the corporate charter.

Name: A stock split can involve issuing more shares of stock than authorized in the corporate charter.
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A stock split does not involve issuing more shares than authorized in the corporate charter. It simply divides the existing shares into more shares, keeping the total value the same but lowering the price per share. If more shares than authorized are needed, the corporation must first amend its charter.

A Stock Split Can Involve Issuing More Shares of Stock