The existing 1,000 shares of '100
each altered to 10,000 shares of '10
each is
*
O Consolidation
O Sub-division
O Conversion
O Surrender
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Answer:
Explanation:
Consolidation
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"Consolidation"
Explanation:
Share consolidation is a corporate action in which a company reduces the number of shares trading in the stock exchange. Consolidation of shares is popularly known as 'reverse stock split'. A company conducts consolidation of shares by reducing the number of shares held by the existing shareholders
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