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Why would a company not want to split their stock when the price starts getting kind of high?

Asked by gorillapaws (30519points) March 5th, 2008 from iPhone

I understand the reasons & advantages for why a company might want to split their stock when the share price gets kind of high, but what’s the disadvantage for them? Or to put it another way, why do companies ever let their stock prices get to several hundred dollars/share?

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