s 10.11.12 (Read Connect Message.. Saved Hel When a company declares a 3-for-1 stock split, the number of outstanding shares Multiple Choice is tripled compared to the number of shares that were outstanding prior to the split. is reduced, and the number of issued shares is tripled is reduced, and the number of issued shares is reduced to one-third of the original issued shares stays the same, but, the number of issued shares triples. Next 24 of 40