What is the Definition of a 3 for 1 Stock Split? | Sapling
sapling.com
What is the Definition of a 3 for 1 Stock Split? | Sapling
If a stock splits, the shareholders of record receive additional shares and all shares are reduced in price at the time of the split. In a 3-to-1 stock split, 100 shares that trade at $330 per share would become 300 shares that trade at $110 per share.
Sep 23, 2010
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