Trading & Markets第 92 / 125 题
A reverse stock split (for example, 1-for-5) results in a shareholder holding:
a.More shares at a lower price
b.The same number of shares at a higher price
c.More shares at the same price
d.Fewer shares at a proportionally higher price, with total value roughly unchanged
解析
In a 1-for-5 reverse split, every five shares become one, so the shareholder holds one-fifth as many shares at roughly five times the price, leaving total market value approximately unchanged. Companies often use reverse splits to raise the per-share price, sometimes to meet exchange listing requirements.
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