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Reverse split

noun

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Noun
  1. 1
    A process by which the stocks of a company are merged, resulting in a smaller number of more valuable shares.

    "When asked for Virgin Galactic's strategy on the reverse split, a company spokesperson referred to the firm's Jun. 12 proxy statement, which detailed the importance of maintaining its New York Stock Exchange listing for liquidity and future capital raises."

  2. 2
    a decrease in the number of outstanding shares of a corporation without changing the shareholders' equity wordnet

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