Let's understand the Difference Between Bonus And Split - Stock split means a corporate action where the face value of a share is divided further while the number of shares gets multiplied by the same factor. The stock bonus works on similar lines with the stock split but the face value of the company’s shares remains the same. A stock bonus is seen as a form of stock dividend issuance where the bonus shares are issued to the existing shareholders of the company for free without any tax implications. And If you want to learn all technicals of the stock market, you can go for our stock market technical analysis course.