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  • Profile
  • Services
  • Phoenix Funds
  • Resources
    • Nigeria Economic Outlook Report
    • Pricelist
    • Downloads
    • Monthly Reports
    • Market News
    • Earnings Updates
    • Economy Highlights
    • FAQ – Frequently Asked Questions
  • Career
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  • Open an Account
    • Account Opening (Individual)
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      • Client Update Form – Individuals
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September 6, 2024

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Stock Splits

Stock Splits: What They Are and How They Affect Your Shares

BlogsBy Samuel ObayomiSeptember 6, 2024

Stock splits are a fascinating corporate move where a company divides its existing shares into more, increasing the total number of available shares while keeping its overall value unchanged. In essence, the price of each share is adjusted downward to match this increase. Companies typically use stock splits to make their shares more affordable and…

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