Share split: Difference between revisions
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Similar to a scrip issue, a share split also results in the shareholder owning more shares in proportion to the initial holding. | 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. | 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 == | == See also == | ||
* [[Scrip issue]] | * [[Scrip issue]] | ||
Revision as of 12:28, 11 May 2016
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.
