Companies pursue Share Consolidations (otherwise known as Reverse Stock-Splits) to increase the company’s share price in order to generate greater investment interest. A share consolidation may also be a company’s attempt at meeting the minimum trading bid size in order to ensure its listing status for trading on the stock exchange.
Alternatively, companies undergo Share Splits (or Share Subdivisions) to ensure market liquidity and trading activity. The shares are made more accessible and affordable to investors, broadening the company’s shareholder base.
Both these transactions – share consolidations and share splits – are not yet a function supported on the InfoDocs app. If you require help recording these kinds of transactions manually, please contact firstname.lastname@example.org and one of our friendly staff will assist you.