From Longman Business Dictionarysplit shareˈsplit ˌshare [countable]FINANCEone of a group of a company’s shares that has been divided into smaller units. This is done to reduce the share price and make them easier to buy and sell, and does not affect the value of the company to shareholdersFollowing the 2-for-1 stock split, the company is increasing its dividend to 15.5 cents on the split shares. →share
