what do you mean by reverse-split
1 Answer(s)
smrithy7
It is the process by which the company reduces the total number of its outstanding shares. Its also known as share rollback.
The number of the shares will be decreased and the price of the security will be increased in the market.But the share value will remain intact.
This is generally done in 1 for 5, 1 for 10 so on..
Feb 02 2014 01:21 PM
The number of the shares will be decreased and the price of the security will be increased in the market.But the share value will remain intact.
This is generally done in 1 for 5, 1 for 10 so on..