New Jersey Notice and Proxy Statement to effect a 2-for-1 split of outstanding common stock
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How to fill out Notice And Proxy Statement To Effect A 2-for-1 Split Of Outstanding Common Stock?
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FAQ
A stock split is when a company's board of directors issues more shares of stock to its current shareholders without diluting the value of their stakes. A stock split increases the number of shares outstanding and lowers the individual value of each share.
Normally, a stock split will reduce the price per share of each share in proportion to the increase in shares. Using this example, a 2-1 split for a stock trading at $200 would halve the price to $100 and double the number of total shares outstanding.
A stock's price is also affected by a stock split. After a split, the stock price will be reduced (because the number of shares outstanding has increased). In the example of a 2-for-1 split, the share price will be halved.
Memo Entry: Though no formal journal entry is made in the ledger for the stock split, a memo might be added to note the event: ?Prestige Corp. conducted a 2-for-1 stock split on [specific date]. The number of shares outstanding doubled, and the par value per share was halved.?
If the event is a stock split, there is no change in either Retained Earnings or Common Stock, only a decrease in par value and an increase in the number of issued and outstanding shares.
After a split, the stock price will be reduced (because the number of shares outstanding has increased). In the example of a 2-for-1 split, the share price will be halved.
A conventional stock split is a fairly clean increase of position size and a strike price adjustment and doesn't affect the value of an options position. It only means that the investor will be holding a greater number of contracts at a lower price.