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Multiple transactions to the same vendor on the same day when the combined total of the orders exceed the Purchasing Card transaction limit of $2,500 is considered splitting purchase transactions. Whether the action is intentional or not, it is a violation of the SC Procurement Code.
Investopedia states that the three-for-two stock split is one of the more common splits to take place. Other common splits include the two-for-one and the three-for-one. Despite maintaining the same total value, each individual share will be worth less after the split.