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What is a reverse stock split? A reverse stock split is a corporate action，It combines an existing number of shares into fewer (higher priced) shares。A reverse stock split divides the total number of existing shares by a number like 5 or 10，Respectively called 1:5 or 1:10 reverse split。Reverse stock split also known as stock merger、Stock consolidation or stock rollback，Opposite of stock split，A stock split is the dividing of one stock into multiple parts。 KEY POINTS A reverse stock split combines the existing number of shares held by shareholders into fewer shares.。 A reverse stock split does not directly affect a company's value (only its stock price)。 It can indicate that a company is in trouble，Because it increases the value of low-priced stocks。 Staying relevant and avoiding delisting are the most common reasons companies adopt this strategy。 Investopedia/Ryan Oakley Understanding Reverse Stock Splits Based on Market Developments and Situations，A company can take a number of actions at the corporate level that may affect its capital structure。One of them is a reverse stock split，i.e. existing company stock is effectively merged，to create a smaller number of shares that are proportionally more valuable。Since the company will not create any value by reducing the number of shares，Therefore the price per share will rise proportionally。 Increased price per share is the primary reason companies choose reverse stock splits，The relevant ratio may vary from 1:2 to Gundam 1:100 No wait。A reverse stock split won't affect a company's value，Although they are usually the result of a significant depreciation in the value of their shares。The negative connotations associated with this behavior are often self-defeating，Because stocks will come under renewed selling pressure。 Reverse stock split proposed by company management，and must be approved by shareholders through voting rights。 Advantages and Disadvantages of Reverse Stock Splits There are various reasons why a company decides to reduce the number of shares outstanding in the market.，some of them are beneficial。 Advantages: Prevent major exchanges from delisting：Shares may have hit all-time lows，This could leave it vulnerable to further market pressures and other adverse developments，For example, failure to meet exchange listing requirements。 Exchanges usually set minimum purchase prices for listed stocks.。If the stock falls below the purchase price，and remain below that threshold level for a period of time，There is a risk of being delisted from the exchange。 For example，Nasdaq could sustain a lower share price per share 1 USD stocks delisted。1After being removed from national exchanges，The company's stock will be downgraded to penny stock status，Forcing them to be listed on the Pink Sheet。Once you enter the alternative market for these low value stocks，These stocks will become more difficult to buy and sell。 attract big investors：The company also maintains a higher share price through reverse stock splits，Because many institutional investors and mutual funds have policies prohibiting holding stocks priced below minimum value。Even if a company is still not at risk of being delisted from an exchange，But if you don’t qualify for such a large investor to buy，would damage its trading liquidity and reputation.。 Meet regulatory agency requirements：in different jurisdictions around the world，The regulation of a company depends on factors such as the number of shareholders。By reducing the number of shares，Companies sometimes aim to reduce the number of shareholders，subject it to its preferred regulator or preferred law。Companies that want to go private may also try to reduce the number of shareholders through such measures。 Raise the breakup price： Plans to create and list spin-off companies，An independent company established by selling or allocating new shares of an existing business or division of a parent company，Reverse splits can also be used to obtain attractive prices。 For example，If the stock of the company planning to spin off is trading at a lower price，then the company may have difficulty pricing the shares of its spinoff company at a higher price。This problem can be solved by reverse splitting the stock and increasing the trading price per share。 Disadvantages Generally speaking，Market participants do not view reverse stock splits positively。This indicates that the stock price has bottomed，Company management attempts to artificially inflate stock price without any real business proposition。also，As the number of shares on the public market decreases，Liquidity of stocks may also be affected。 Example of Reverse Stock Split Suppose a pharmaceutical company has in the market 1000 10,000 outstanding shares，The trading price per share is 5 Dollar。Because the stock price is low，Company management may wish to artificially inflate the price per share。 it decided to proceed 1:5 reverse stock split，This essentially means that 5 Consolidation of existing shares into one new share。After corporate action，The company will have 200…