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Which of the following is true with regard to a 3-for-2 stock split? A. The proportion of the company that each stockholder owns increases B.
Which of the following is true with regard to a 3-for-2 stock split?
A. | The proportion of the company that each stockholder owns increases | |
B. | Par value decreases | |
C. | The market price per share increases by roughly 50% | |
D. | Total stockholder equity increases
| |
E. | Retained earnings is decreased
|
Also: What is the par value of a share of Pfizers preferred stock? (need to refer to their annual report from 2019)
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