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Company REFS: stock picking tool for private and professional investors in the UK stock market
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Share consolidations or subdivisions

Alternatively, the company may decide to increase by subdivision, or decrease by consolidation, the number of shares in issue, without changing the combined value of the total issued share capital. As with a scrip or bonus issue, it is necessary to apply a compensating factor to any previous per share values.

helpfile00000299.gif Calculation of adjustment factors


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