Examlex
Which of the following statements is true of state legislative committee?
Stock Split
A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the overall value of the shares remains the same.
Shares Outstanding
The total number of shares of a corporation that have been issued and are held by shareholders.
Par Stock
A standard inventory level that a business aims to maintain to ensure adequate supplies are available to meet demand without holding excessive stock.
Stock Split
A corporate action where a company divides its existing shares into multiple shares to boost the liquidity of the shares, while maintaining the same total valuation.
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