No, no, no. You have that wrong. When a company increases its' authorized, the outstanding usually goes up too because they are issuing shares. That is not a good thing - it is dilution. The more diluted a stock, the harder for the price to go up. When a company raises their authorized or outstanding, that is not a dividend. You still own the same amount of shares of the company. Unless they split the shares, you would still own the same amount of shares and probably the way you describe it, the pps went down, no?
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