02-06-2013, 11:37 PM
the old theory was that splitting a stock makes it more accessible to smaller buyers and inversely, NOT splitting it keeps the rabble out and also speculators. Not so sure how effective this is these days.
A company can do as they wish - there are no rules governing when a stock MUST split.
A company can do as they wish - there are no rules governing when a stock MUST split.