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Alia, the manager of a pet store, notices that most of the goods that come to her store are packed in high-quality cardboard boxes which are later discarded. She comes up with a plan and instructs her employees to use the cardboard boxes for making scratching boards for cats. She then sells the scratching boards at a price much lower than the other branded versions available in the market. Which of the following describes Alia's planning?
Reverse Stock Split
A corporate action that consolidates the number of existing shares of stock into fewer, proportionally more valuable shares.
Shares
Units of ownership interest in a corporation or financial asset, providing a proportionate claim on its assets and profits.
Stock Split
An action by a corporation where it splits its current shares into numerous shares, aiming to increase the shares' liquidity.
Stock Splits
A corporate action to increase the number of shares, thereby reducing the price per share without altering the company's market capitalization.
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