In the context of equities, a firm with two divisions may split into two companies and issue original shareholders two shares (one in each of the new companies) for every old share they have.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). butterfly. Retrieved September 24, 2026, from http://smartdefine.org/butterfly/definitions/1149164 |
| Chicago | Barry Goldsmith. 2010. "butterfly" http://smartdefine.org/butterfly/definitions/1149164 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, butterfly, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/butterfly/definitions/1149164>. |
| MLA | Barry Goldsmith. "butterfly" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/butterfly/definitions/1149164> |