IPOs and share splits (Little Upsilon)

Hi,

I recently IPOed a statecorp by selling the maximum number of shares i was allowed to. There were 100 million, i sold 15 million. A few months later I noticed the corp has share split more than one to give several billion shares. I sold another lot of shares. Later still I noticed that the corp had once again performed a share split automatically and that there were now 6.4 billion shares available and the company appears to be performing share splits automatically every month.

What is causing this share splitting. It doesnt seem to matter much, everyone still owns the same proportion of shares. But it strikes me as rather superfluous.

share spillting occours when the price is above 100 so if you have 100 shares worth 50 and its spilts you'll have 200 shares worth 25 in both cases you ows the same percent of share and total shares are worth the same

Share spilts allow higher demand as more people will buy a share at 50 than at 100

So, if I IPO a profitable company (with a high share price based ont eh default initial 100 million shares available)then automatic share splits are inevitable?

Interesting.

in past all coprs had 100mil shares by default, then someone figured it is not "realistic" enough. to me share splits are nothing but bother.

yes maxwell

Is there any advantage to a CEO to IPO fully-owned corps in their enterprise? I understand that selling off some shares of a corp will generate cash for the enterprise, but other than a cash injection, is there any benefit to indexes, scores, etc.?

higher cap for maximum upgrades attained is the only other reason to have a truly public corp over a private one