Share split: Difference between revisions
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Revision as of 14:20, 23 October 2012
Similar to a scrip issue, a share split also results in the shareholder owning more shares in proportion to the initial holding.
Under a share split each share is subdivided so that the par value is also subdivided; a 5 for 1 split would see an initial par value of 25p reduced to 5p for each new share.
See also
