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

The board of directors decided when to issue more stock. You can also define the number of shares you start with when you form your corporation.

I have a small s corp which is just me and I own 10% of the 1 million shares I issued in the beginning.

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