Stock Split

Investments

Quick Definition

A Stock Split is a corporate action where a company divides its existing shares into multiple shares, reducing the price per share but keeping the total investment value unchanged.

Detailed Explanation

In a stock split, the number of shares increases while the price per share decreases proportionally. The company’s total market capitalization remains the same.

Companies usually announce stock splits to make shares more affordable and increase liquidity.

Such corporate actions are regulated by the Securities and Exchange Board of India and executed on exchanges like the National Stock Exchange and Bombay Stock Exchange.

How Stock Split Works

👉 Example: 2-for-1 Split

  • Before: 1 share = ₹1,000
  • After: 2 shares = ₹500 each

👉 Total value remains ₹1,000

Why Companies Do Stock Splits

  • Improve share affordability
  • Increase liquidity in the market
  • Attract more retail investors

Stock Split vs Bonus Shares

[Image comparing stock split vs bonus shares showing face value and share capital impact]
  • Stock Split: Face value changes, shares increase
  • Bonus Shares: Free additional shares from reserves

Impact on Investors

  • No change in total investment value
  • More shares at lower price
  • Potential increase in trading activity

Example

"If you own 10 shares priced at ₹1,000 each and a 2-for-1 split occurs: 👉 You will have 20 shares priced at ₹500 each"

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