reverse stock split
noun[C]
ukus(alsoreverse share split)STOCK MARKET,FINANCE
theactofreducingthenumberofsharesacompanytradeswithoutreducingthetotalvalueof theshares. This has theeffectofincreasingthevalueof eachshareinordertoattractnewinvestors:
In May, theboardwillaskshareholderstoapprovea 1-for-10reversestocksplitinordertoboostitssharepriceabove adollar.