In a share split, e.g. 2-for-1, what is the effect on: the number of shares issued?
Question:
In a share split, e.g. ‘2-for-1’, what is the effect on:
■ the number of shares issued?
■ the shareholders’ capital in the balance sheet?
■ the firm’s assets?
■ its market value – per share? in total?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Corporate Finance And Investment Decisions And Strategies
ISBN: 9780273695615
5th Edition
Authors: Richard Pike, Bill Neale
Question Posted: