What is the meaning of Split Off?

This occurs when equity shares of a subsidiary company are distributed to some of the parent company's shareholders in exchange for their holdings in parent company.

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APABarry Goldsmith. (2010). split off. Retrieved September 20, 2026, from http://smartdefine.org/split_off/definitions/1163920
ChicagoBarry Goldsmith. 2010. "split off" http://smartdefine.org/split_off/definitions/1163920 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, split off, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/split_off/definitions/1163920>.
MLABarry Goldsmith. "split off" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/split_off/definitions/1163920>