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Tags: stock markets
Categories: Economics & Finance
Free share of stock given to current shareholders in a company, based upon the number of shares that the shareholder already owns. While the issue of bonus shares increases the total number of shares issued and owned, it does not change the value of the company. Although the total number of issued shares increases, the ratio of number of shares held by each shareholder remains constant.
(source: http://en.wikipedia.org/wiki/Bonus_share)
Synonyms:
free share of stock
