one of agroupofsharesthat has beendividedintosmallersharesto make themeasiertosellat alowerprice:If youpurchasesharesbetween the Record Date and the Payable Date, you areentitledtoreceiveanamountofsplitsharesequalto thesharesyoupurchased.See alsosplit stock(Definition ofsplit sharefrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofsplit share
split shareAgain, all shareholders without enough shares to exchange for a postsplitsharewere required to cash-out their stock.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In addition to conventional securities, the exchange lists various exchange-traded funds,splitsharecorporations, income trusts and investment funds.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Another class of issuer includessplitsharecorporations.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Somesplitsharecorporations provide an exchange mechanism, in which units of thesplitsharecorporation can be converted into shares of the underlying basket of shares, and vice versa.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/split-share##
