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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: MD Bryant who wrote (28448)9/27/1999 9:26:00 PM
From: Jorj X Mckie  Read Replies (4) | Respond to of 77400
 
It doesn't do anything to the share price. The only way that it could affect the share price is if CSCO splits. In which case, the share price would also be split.

Doubling the authorized shares does not mean that new shares are issued. It just paves the road for a split somewhere in the future.