A share split is the distribution of additional shares to shareholders according to their percent of ownership.

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A share split (also known as stock split) is a financial event where a company increases the number of shares outstanding by issuing more shares to existing shareholders in proportion to their existing holdings. This results in a decrease in the market price of each share, but the total value of the shareholder's investment remains the same.

A Share Split Is the Distribution of Additional Shares to Shareholders