Timeline for Can companies use reverse stock splits to liquidate my shares at unfavourable prices?
Current License: CC BY-SA 4.0
7 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jul 15, 2020 at 3:16 | comment | added | Flux | You may want to mention that this kind of stock split maneuver is called a "reverse/forward stock split". | |
| Jul 14, 2020 at 15:46 | comment | added | Brian Rogers | TravelZoo.com also did this. Here's an article that talks more about it. | |
| Jul 14, 2020 at 0:20 | comment | added | Richard at NorgateData | Yes - quite rare. About 8 per year. In the US this mostly happens on OTC stocks. | |
| Jul 13, 2020 at 14:14 | comment | added | mhoran_psprep | Isn't the fair price determined by what the market says? the goal is to make the company private, and to do so they need to reduce the number of stock holders. | |
| Jul 13, 2020 at 14:08 | comment | added | Flux | Does the cash payment per share need to be "fair" (as determined by the board of directors)? | |
| Jul 13, 2020 at 11:12 | comment | added | Bob Baerker | This is a rare event in the USA | |
| Jul 13, 2020 at 10:47 | history | answered | mhoran_psprep | CC BY-SA 4.0 |