YRC Worldwide to effect 1:25 reverse stock split

R-14Driver

Well-Known Member
SAN FRANCISCO (MarketWatch) -- YRC Worldwide Inc. said late Wednesday its board approved a 1:25 reverse stock split to become effective Oct. 1. YRC will amend its certificate of incorporation Thursday, reducing the number of authorized shares to 80 million from 2 billion, and the number of outstanding shares to 48 million from 1.2 billion. Shares of YRC fell 19% to 26 cents in after-hours activity............

YRC Worldwide to effect 1:25 reverse stock split - MarketWatch
 

LEHIGH vALLEY

Well-Known Member
SAN FRANCISCO (MarketWatch) -- YRC Worldwide Inc. said late Wednesday its board approved a 1:25 reverse stock split to become effective Oct. 1. YRC will amend its certificate of incorporation Thursday, reducing the number of authorized shares to 80 million from 2 billion, and the number of outstanding shares to 48 million from 1.2 billion. Shares of YRC fell 19% to 26 cents in after-hours activity............

YRC Worldwide to effect 1:25 reverse stock split - MarketWatch

Can't wait to see the new stock price on Monday!!! LOL!!!
 
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