We calculate the difference-in-difference estimates of the change in NII and PIH (i.e., DD_NII and DD_PIH) from the one-year period before the
reverse split quarter to the second one-year period after the
reverse split quarter for each of 781
reverse split firms.
(NASDAQ: MLNK) said it will effect a
reverse split of its common stock, par value $0.01 per share, immediately followed by a forward stock split.
Seeking Alpha's Stephen Faulkner writes that Sirius XM, in present form, will not be doing a
reverse split. As well, he says, majority owner Liberty Media would see no benefit from a
reverse split:
will not go forward with a
reverse split of its common stock.
Most firms elect to
reverse split stocks in order to regain the minimum price required to maintain a listing on the NYSE and NASDAQ.
International Resource News-October 21, 2011--Arista Power Inc 's board of directors approve
reverse split of common stock(C)1994-2011 ENPublishing - http://www.enpublishing.co.uk
Triton Distribution Systems (Pink Sheets: TTDZ) (Pink Sheets: TTDZD), a US-based company that offers business-to-business, Internet-based travel distribution and procurement solutions, has changed a share buyback programme to
reverse split of stocks.
has approved a one-for-10
reverse split of the company's common stock.
Chiste Corporation, a developer and manufacturer of multi-megawatt, air-cooled phosphoric acid fuel cell (PAFC) systems through its operating subsidiary HydroGen, LLC, recently announced it has changed its corporate name to HydroGen Corporation and completed a 1-for-25
reverse split of the corporation's common stock.
"The stock split or
reverse split happens after you've done the research and made your purchase."
The new CUSIP number following the
reverse split will be 829392 307.
The
reverse split requires the approval by the Extraordinary General Meeting.