- split
- Sometimes companies split their outstanding shares into more shares. If a company with 1 million shares executes a two-for-one split, the company would have 2 million shares. An investor with 100 shares before the split would hold 200 shares after the split. The investor's percentage of equity in the company remains the same, and the share price of the stock owned is one-half the price of the stock on the day prior to the split. Bloomberg Financial Dictionary————The division of the outstanding shares of a corporation usually into a larger number of shares. Exchange Handbook Glossary
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▪ I. split split 1 [splɪt] verb split PTandPP splitting PRESPART1. [transitive] to divide something into separate parts so that two or more people each get a part:• We agreed to split the fee.
split something between• The merger forced us to split operations between London and Edinburgh.
split something three/four etc ways• All profits will be split three ways (= into three parts ) .
2. [intransitive, transitive] also split up to divide or separate something into different parts, or be divided into different parts:split into• They planned to split into three companies to fight the bid.
• There are fears that he has plans to split the firm up between his two sons.
3. split shares FINANCE to divide a company's shares into smaller units so that the value of each share is reduced and the number of shares is increased. This may be done to make it easier to buy and sell the shares:• The company is splitting its 5p nominal shares into units of 2.5p to make them more marketable.
4. split the difference to agree on a price, charge etc that is exactly half-way between the one that has been offered and the one that has been asked forthe act of sharing money between a group of people, organizations etc, or the share that each group gets:• I paid by credit card for two equal split payments.
• The partners have agreed a three-way split (= a share of something that is divided equally between three people ) .
reˌverse ˈshare ˌsplit also reˌverse ˈstock ˌsplitFINANCE the act of putting a company's shares into larger units. This is done to increase the share price and make them more attractive to investors, and does not affect the value of the company to shareholders:• The reverse stock split should increase the share price from about $1 to the $9-to-$10 range.
ˈshare ˌsplit also ˈstock ˌsplitFINANCE the act of dividing a company's shares into smaller units. This is done to reduce the share price and make the shares easier to buy and sell, and does not affect the value of the company to shareholders:• The company declared a 3-for-1 stock split. The move followed a doubling of its stock price in the past 19 months.
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Ⅰ.split UK US /splɪt/ verb (splitting, split, split)► [I or T] (also split (sth) up) to divide or cause to divide into two or more parts: »The senior leadership finally concluded that it made sense for the two businesses to split.
»The roles of chief executive and chairman could be split.
split sth between sth »It is thought that Mr Snow's job will now be split between general insurance and life insurance.
split sth equally/evenly »She splits her time equally between work and home.
split sth up into sth »The corporation was split up into three separate companies.
► [I or T] (also split off) if a part of an organization splits or is split from the larger organization, it becomes its own independent organization: split (sth) from sth »The Shanghai enterprise split from a joint venture with S.C. Johnson.
split sth into sth »The electronics division was split off into a freestanding company.
► [T] to divide money in order to share it between people, organizations, or groups: split sth between sb/sth »Sales-tax money will be split between the city and the state.
»The online magazine recorded revenues of $11.5m split equally between subscription fees and advertising.
split sth two/three/four, etc. ways »We will split the profits three ways.
split sth 50-50/60-40/70-30, etc. »Let's split the cost 50-50.
► [T] FINANCE, STOCK MARKET to divide shares of a company into two or more shares with lower value: »Some analysts said the company is splitting its stock to gain investors' attention.
► [I or T] if a group of people or their opinions split or are split, some people have one opinion and others have a different opinion: »The ruling party was split on the issue.
be split between sb »Opinions were split cleanly between workers and managers.
split 50-50/55-45/60-40, etc. »Shareholders split 55-45 in the vote to install the new CEO.
► [I] (also split up) to end a relationship: »The partners split after working together for fifteen years.
Ⅱ.split UK US /splɪt/ noun [C]► (also stock split) FINANCE, STOCK MARKET the act of dividing each of a company's shares into two or more shares: »Companies that announce stock splits often see their shares rise before the split as investors anticipate demand.
Financial and business terms. 2012.
