what is consolidation in terms of share ?
4 Answer(s)
Rohit
A number of existing shares are combined into a smaller number of shares, such as turning every four shares into one, as Ashwin said.
This reduces the number of shares outstanding and increases the per-share price proportionally.
Nov 24 2013 07:37 PM
This reduces the number of shares outstanding and increases the per-share price proportionally.