What Happens To The Price Of A Share When A Company Reduces The Number Of Outstanding Common Shares?
Submitted by admin on October 7, 2009 – 9:59 pmNo Replies
A web user asks, I bought stock in a company that performed a 10 for 1 forward split. The company has now applied to have the number of outstanding shares reduced. Will this reduction affect the price of the shares?
Can you help them out? Post your advice!
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