Not exact matches
Conversely, with a
forward split, the
stock may gain post-
split because it is perceived as a success and its lower price might attract more investors.
A reverse
stock split is the opposite of a conventional (
forward)
stock split, which increases the number of shares outstanding and decreases the price per share.
But since the motivation for a reverse
split is very different from that for a
forward split, the
stock's price moves after a reverse and
forward split may be quite divergent.
I recall a former coworker years ago looking
forward to a
stock split because we would get more shares.
Charles Schwab & Company, San Francisco • CA 2000 — 2001 Merrill Lynch Liaison on Foreign Securities Determined mandatory capital changes and initiating process by confirming terms of changes in
stock and cash mergers, reverse and
forward splits, liquidations, and Chapter 11 reorganization plans.