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

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.

From 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.

From 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.

From 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.

From Seattle Times

Once Walmart executes its stock split on Monday, that will reduce the retailer’s stock price.

From Seattle Times