4.10. SP SPLIT OR AGAINST SPLIT
These operations will record:
Split
In the Split operation or splitting of shares, the nominal value of the shares is reduced, increasing their number, but maintaining the same value of the share capital.
The operation consists of the exchange of shares of a company for a greater number of shares of the same company of lower nominal value, maintaining the same percentage of participation in the share capital.
This operation does not give rise to any gain or loss of equity in the shareholder as long as he or she retains the same percentage of participation in the share capital, since in these cases there will be no variation in the value of the taxpayer's equity, even if there is an alteration in its composition. . For the purposes of future disposals, the shares received in the exchange retain the seniority of the shares delivered, that is, the date of acquisition of those delivered.
Against Split
The Contra Split operation or grouping of shares is an adjustment to the inverse of the Split. The number of securities in circulation is reduced, and the nominal value of the shares is increased, maintaining the same value of share capital.
The operation consists of the exchange of shares of a company for a smaller number of shares with a higher nominal value of the same company, the number of shares is reduced and their nominal value is increased, maintaining the same percentage of participation in the share capital. .
This operation does not give rise to any gain or loss of equity in the shareholder as long as he or she retains the same percentage of participation in the share capital, since in these cases there will be no variation in the value of the taxpayer's equity, even if there is an alteration in its composition. . For the purposes of future disposals, the shares received in exchange retain the seniority of the shares delivered, that is, the date of acquisition of those delivered.
In these operations it is necessary that the number of old shares by their nominal value is equal to the number of new shares by their nominal value. If there have been peaks, the corresponding transfer or acquisition of old shares to the company that allows this equivalence to be fulfilled will be recorded in advance.