In PowerPoint, you can adjust the space between a bullet in a list and the text. In the Proofing category, click AutoCorrect Options. Microsoft Word 2010 has two different ways to alter the spacing of bullet points. Assuming that you intend to reduce the line spacing of an already constructed word project, I�m going to suggest using the highlighting method: Hig. The bullet symbol may take any of a variety of shapes, such as a middle dot symbol �, square, diamond, arrow, bullet symbol �, etc., and typical word processor software offer a wide selection of shapes and colours.