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m_a_m_a [10]
2 years ago
13

in a reverse stock split , the number of outstanding shares is reduced while the market price shares stays the same ? true or fa

lse and why
Mathematics
1 answer:
Art [367]2 years ago
3 0

False!


The first statement is correct, a company's traded shares reduces *BUT* that results in an increase in the par value or earnings per share. Same goes for a stock.


- Dysmy ☕

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