split down

Học thuật
Thân thiện
Definition

Noun: A split down is a corporate action that reduces the number of a company's outstanding shares without altering the total value of shareholders' equity. It is the opposite of a stock split and increases the share price proportionally.

Usage

This term is used specifically in finance and corporate contexts to describe a reverse stock split. * The board approved a 1-for-5 split down to increase the share price and meet the exchange's listing requirements. * After the split down, each shareholder received one new share for every ten old shares they held.

Advanced Usage
  • Undergo a split down: To experience this corporate action.
    • The struggling company had to undergo a split down to avoid being delisted from the stock exchange.
Variants and Related Words
  • Reverse stock split (n): The more common formal term for a split down.
  • Share consolidation (n): Another synonym used, particularly in British English.
  • Split (n): The general term, which can refer to either a stock split (increasing shares) or a split down/reverse split (decreasing shares). Context is crucial.
Synonyms
  • Reverse split
  • Share consolidation
Antonyms
  • Stock split
  • Share split
Noun
  1. a decrease in the number of outstanding shares of a corporation without changing the shareholders' equity