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    • Market reaction to stock splits 

      Aduda, Josiah Omollo; Chemarum, Caroline (AIBUMA PublishingSchool of Business, University of Nairobi, 2010-04-13)
      There are several theories that have been advanced to explain why companies split their stock. The most common ones are to achieve an optimal price range for liquidity, to achieve an optimal tick size and to signal ...