A stub is the remaining capital stock representing the equity in a corporation after a major cash or security distribution—such as a buyout, spin-off, or demerger—removes most of the company's operations. A stub may retain the name of the original corporation or adopt a new one as part of the restructuring.
A stub is the remaining capital stock representing the equity in a corporation after a major cash or security distribution—such as a buyout, spin-off, or demerger—removes most of the company's operations. A stub may retain the name of the original corporation or adopt a new one as part of the restructuring.
Source: Wikipedia "Stub (stock)" · CC BY-SA 4.0
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