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Re: George1234 post# 64635

Thursday, 08/23/2018 11:36:54 AM

Thursday, August 23, 2018 11:36:54 AM

Post# of 172393
Reverse stock splits don't affect the number of authorized shares, but a forward stock split issues new stock from the company's authorized shares. When new shares are issued by a company, it adds to the number of outstanding shares and reduces each shareholder's percentage of ownership in the company.
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