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The split will double the number of shares to 194.4 million while halving the value of each share.
The split will double the number of shares to 142 million while halving the value of each share.
A bill was passed by the U.S. Congress over the weekend, outlawing credit-card and money-transfer companies from accepting payments to gambling Web sites effectively halving the value of some large-cap online gambling stocks.
One, who called himself Harrison, was pleased to be there, saying, "Halving the value of Nectar points is just not on". .
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That would more than halve the value of the portfolio, to about $1 billion.
However, the scheme's biggest partner, Sainsbury's, is set to halve the value of its points from 11 April 2015.
After a slide in the stockmarket halved the value of the banks' shareholdings, the capital shortfall widened again.
The following month it emerged that SVG Capital, one of the private equity backers of New Look, had nearly halved the value of its holding in the fashion chain.
In a few months' time Sainsbury's will halve the value of the Nectar points shoppers can earn on their groceries.
But it's bad news if you're retiring after that, as the government has halved the value of deferrals for people retiring beyond April 2016.
In July this year, the WFP announced that it would have to halve the value of food vouchers given to Syrian refugees in Lebanon.
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