Stock Split

From Open Risk Manual

Definition

Stock Split. The increase in a company's number of Outstanding Shares of stock without any change in the shareholder's equity or the aggregate market value at the time of the split.

SWIFT: Change in nominal value; Subdivision.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.