Reverse split
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Reverse split is a situation in which shareholders exchange a particular number of shares of stock for a smaller number of new shares.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Reverse split. Situation in which shareholders exchange a particular number of shares of stock for a smaller number of new shares.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
