eli5 Who/how is it decided how many stocks a company has?

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Like if I owned 100 stocks in Walmart. Who/what decides how many stocks make up the entire ownership of Walmart?

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Anonymous 0 Comments

That’s up to the company to decide how many “slices” they want to carve the company into. The fewer the slices, the more each slice is worth. Start to run out of slices? Cut the existing slices into even more slices.

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