As of 2012, the base salary for all members of the U.S. House and Senate is $174,000 per year, plus benefits. That base salary is lower than that of many lawyers, doctors and business people in the United States.Both houses of Congress have not raised member salaries since 2009.s of 2012, the base salary for all members of the U.S. House and Senate is $174,000 per year, plus benefits. That base salary is lower than that of many lawyers, doctors and business people in the United States.
A stock split is a corporate action that increases the number of the corporation's outstanding shares by dividing each share, which in turn diminishes its price. The stock's market capitalization, however, remains the same, just like the value of the $100 bill does not change if it is exchanged for two $50s.
For example, a 1-for-3 split would result in stockholders owning one share for every three shares owned before the split. After the reverse split, the firm's stock price is, in this example, three times the pre-reverse split price. A firm generally institutes a reverse split to boost its stock's market price.