Corporate Actions: Stock Splits, Redemptions, and Scrip Issues
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Corporate Actions: Stock Splits, Redemptions, and Scrip Issues

Intuition Publishing
Updated Sep 24, 2020

Companies can increase the number of shares they have in issue through stock splits and scrip issues, or reduce this number through reverse splits. Company debt can also be reduced by redeeming it early. Here we explore the nature and purpose of stock splits, script issues, and debt redemption.