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Can a stock with a face value of Re 1 be split?

Understanding stock split: How it works and its implications for investors - A simple guide

Understanding stock split: How it works and its implications for investors

Hi ! Can a stock be split if the face value is Rs 1? Moreover, is it better to invest in stocks which have face value of Rs 10, where we can expect splits in future? How does a company split if the face value is 1? What options do they have? Can you explain this scenario? - Arun Paulus.

This article was originally published on February 17, 2023.


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