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Question
Alteration of shares of larger denominations into smaller denominations is called ________of shares.
Alteration of shares of larger denominations into smaller denominations is called ________of shares.
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Solution
The correct option is C sub-division
A share split or share subdivision is where the shares in an existing share class are each subdivided into two or more new shares. A straightforward split will not change the shareholders' rights, meaning that following the split the voting control and rights to dividends will be unchanged
A share split or share subdivision is where the shares in an existing share class are each subdivided into two or more new shares. A straightforward split will not change the shareholders' rights, meaning that following the split the voting control and rights to dividends will be unchanged
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