as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain what a stock split is.
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a stock split is when a company increases the number of its available shares by dividing its existing shares into multiple parts. this allows more investors to purchase a smaller number of shares and is typically seen as a sign of the company's confidence in its future growth.
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