Did your shares shrink? It might have been consolidated. What Is A Share Consolidation Share consolidation is a corporate action conducted by the company with the intention to reduce its number of shares trading on the stock exchange. It does so by reducing the number of shares held by its existing shareholders. Let’s use HupSteel as an example. Assuming you are holding 100,000 shares. A 5:1 share consolidation means, for every 5 shares you own it will be reduced to 1. In this example, you can expect to see your shareholding become 20,000 after the consolidation(100,000 / 5). How Does It Affect You As A Shareholder? Is that a bad thing? You paid to buy 100,00 shares and now the company reduces your shareholdings – are they playing game on you? No, it’s not. It has no negative impact on your end. Share consolidation reduces ALL the shares held by ......