Not really a stock guy, so sorry for a potentially ignorant question, but wouldnt that basically reduce the % of ownership every stockholder has? I understand how that works with splitting stock, since you dont actually loose any % you just have twice the amount of stock with half %. but couldnt a company just “steal itself away” from its stockholders that way?
Not really a stock guy, so sorry for a potentially ignorant question, but wouldnt that basically reduce the % of ownership every stockholder has? I understand how that works with splitting stock, since you dont actually loose any % you just have twice the amount of stock with half %. but couldnt a company just “steal itself away” from its stockholders that way?