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The main effect of stock splits is an increase in the liquidity of a stock: [3] there are more buyers and sellers for 10 shares at $10 than 1 share at $100. Some companies avoid a stock split to obtain the opposite strategy: by refusing to split the stock and keeping the price high, they reduce trading volume.
Nippon Paper Industries Co., Ltd. (日本製紙グループ株式会社, Nihon Seishi Gurūpu Kabushiki-gaisha) is a Japanese paper manufacturing company. The company's stock is listed on the Tokyo and Nagoya Stock Exchange and on the Osaka Securities Exchange. The stock is also constituent of the Nikkei 225 stock index. [3]
South African Pulp and Paper Industries Limited was founded in 1936. [9] The company is now known as Sappi and is headquartered in Johannesburg, [10] [11] It produces and sells commodity paper products, pulp, dissolving pulp, and forest and timber products for Southern Africa and export markets. [12]
In a reverse stock split, a company reduces the number of shares outstanding, boosting the share price. For example, with a 1:3 stock split, the number of shares is divided by three while the ...
Equity carve-out (ECO), also known as a split-off IPO or a partial spin-off, is a type of corporate reorganization, in which a company creates a new subsidiary and subsequently IPOs it, while retaining management control. [1] [2] Only part of the shares are offered to the public, so the parent company retains an equity stake in the subsidiary ...
The Tamil Nadu Newsprint and Papers Limited (TNPL) [3] is a company that was established by the Government of Tamil Nadu [4] to produce newsprint and writing paper using bagasse, a sugarcane residue. The Government of Tamil Nadu listed the paper mill in April 1979 under the provisions of the Companies Act of 1956.
UPM-Kymmene Oyj is a Finnish forest industry company. UPM-Kymmene was formed by the merger of Kymmene Corporation with Repola Oy and its subsidiary United Paper Mills Ltd in 1996. [2]
Its shares price has surged 1,150% since August 2021, making it the best-performing stock in the S&P 500 during the last three years. The company will reset its share price with a 10-for-1 stock ...