Which one of the following reduces the number of shares outstanding but does not change a firm's total equity?

Question

Quizplus · Accepted Answer

A reverse split involves reducing the number of shares outstanding by combining them into fewer shares, which increases the share price but does not change the total equity of the firm. Therefore, this option meets the criteria of reducing the number of shares outstanding without changing the total equity. The other options either involve distributing assets or reducing the total equity of the firm.

Which One of the Following Reduces the Number of Shares