Beijingwest Industries International Ltd

0.0086

0.0000

Volume:- -

Turnover:- -

Market Cap:7.43M

PE:-0.33

High:0.0086

Open:0.0086

Low:0.0086

Close:0.0086

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Overview Company News Filings

Upcoming Stock Splits This Week (September 9 to September 13) – Stay Invested

TipRanks

·

10 Sep 2024

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A stock split is a corporate action in which the company issues additional common shares to increase the number of outstanding shares. Accordingly, the stock price of the company’s shares decreases, which maintains the market capitalization before and after the split. In contrast, there are also reverse stock splits that reduce the number of outstanding shares . In this case, too, the market cap is maintained as the share price increases following the reverse stock split.Companies often undertake stock splits to improve the liquidity of the common shares and make them more affordable for retail investors. 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