A method used by corporations to increase the number of shares outstanding without changing each shareowner’s proportionate ownership interest in the corporation. The shareowner’s overall equity remains the same, although he or she now owns more stock (e.g. in a 2 for 1 split, the owner of 100 shares worth $100 each would then be the owner of 200 shares worth $50 each).
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West Coast Stock Transfer, Inc.
Full service transfer agency registered with the U.S. Securities and Exchange Commission