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Describe a stock split. Find a public company that has recently had a stock split. Post...

Describe a stock split. Find a public company that has recently had a stock split. Post a link to a press release or the company's website describing the split. Post MUST be at least 175 words.

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A stock split is a corporate action that increases the number if the company's outstanding shares by dividing each share, which in turn diminishes it's price. The stock market capitalization however remains the same. For example, with a 2- for-1 stock split each stockholder receives an additional share for each share held, but the value of each share is reduced by half.

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