When a corporation calls in its outstanding shares and issues more than one new share in exchange for each old share,this is a:

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This is a share split, also known as a stock split. It is a common corporate action where a company increases the number of outstanding shares by issuing additional shares to existing shareholders in exchange for their current shares. This does not change the total value of the shares held by each shareholder, but it does make the shares more affordable and accessible to interested investors.

When a Corporation Calls in Its Outstanding Shares and Issues