Search results
Results From The WOW.Com Content Network
The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.
Nonetheless, when I saw it rise to a split-adjusted $18 per share, I thought I had found a bargain with a positive catalyst and bought 166 shares at that price (1,000 shares at $3 per share pre ...
In a reverse stock split, a company reduces the number of shares outstanding, boosting the share price. For example, with a 1:3 stock split, the number of shares is divided by three while the ...
The ZSL-92B IFV (WZ-551B1) is an upgrade variant of the original ZSL-92. The new turret is equipped with a fully-stabilized ZPT-99 30 mm autocannon, a Type 86 coaxial machine gun and a missile launch rail for the SACLOS HJ-73 C ATGMs positioned on the right hand side of the roof of the turret.
A stock split or stock divide increases the number of shares in a company. For example, after a 2-for-1 split, each investor will own double the number of shares, and each share will be worth half as much. A stock split causes a decrease of market price of individual shares, but does not change the total market capitalization of the company ...
A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.
A company may use a reverse split to push its stock price back over a certain threshold, typically $1 per share, in order to maintain compliance with an exchange’s rules. To raise the stock price.
Employment soon dropped as part of the Global Realignment Program from nearly 29,000 to approximately 5,300, many of its factories and facilities were closed around the world, and the stock price dropped from $153 per share to less than $2 per share. On September 23, 2005, JDSU announced a reverse stock split one-to-eight. [16]