stock split

[stok split]

noun

1. the act of issuing additional shares of stock to existing stockholders by dividing the existing shares into smaller parts, reducing the price per share.

   The company announced a five-for-one stock split, meaning each investor will have five shares of stock for every one they held before.

Word History and Origins

Origin of stock split¹

First recorded in 1945–50

Example Sentences

A reverse stock split the company completed in early September may also be an issue.

Read more on Barron's

In January 1893 the cordage trust executed a two-for-one stock split to enhance its appeal to smaller investors with a lower share price.

Read more on Los Angeles Times

The company is also about to undergo a stock split that will give each of its investors nine additional shares for every one that they already own.

Read more on Seattle Times

Valued at "just" $2tn as recently as February, Nvidia sparked a new wave of share purchases after it announced plans last month for a so-called stock split.

Read more on BBC

The company recently said it would undergo a stock split, where each of its investors in early June will get nine additional shares for every one that they already own.

Read more on Seattle Times