split down
Học thuậtThân 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
- a decrease in the number of outstanding shares of a corporation without changing the shareholders' equity