What action results in fewer shares outstanding,so remaining shareholders own a larger proportion of the company?

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Stock repurchase or buyback is the action where the company buys back its own shares from the market. This results in fewer shares outstanding, which means that the remaining shareholders own a larger proportion of the company. A stock split, on the other hand, increases the number of shares outstanding and reduces the price per share proportionally. Proxy is a document that authorizes someone to vote on behalf of a shareholder, and declaration date is the date on which the company announces an upcoming dividend payment.

What Action Results in Fewer Shares Outstanding,so Remaining Shareholders Own