What action by president lincoln most angered the radical reoublicans in congress.
Shares also trade in a secondary market on stock exchanges. A company can increase or decrease the number of shares outstanding without an IPO through stock splits and reverse splits. In all cases, the beneficiary of reverse split activity is the management of the company performing the reverse split. Shareholders may or may not benefit depending on the specifics of the reverse split.
BORL Â» Topics Â» Purpose and Background of the Reverse Stock Split. This excerpt taken from the BORL DEF 14A filed Apr 17, 2008. The Boardâs primary objective in proposing the reverse stock split is to raise the per share trading price of our Common Stock.