YRC Authorizes Reverse Stock Split

December 1, 2011: Shareholders of the Overland Park, Kan., company on Wednesday authorized what is called a reverse split of its shares. The split is intended in part to raise the per-share price above $1 and bring YRC into compliance with NASDAQ market listing rules.

The stock split is effective Friday, according to preliminary results released by the company. YRC’s ticker symbol will temporarily change from YRCW to YRCWD. The ticker symbol will revert to YRCW on Jan. 3.

Click here to read more.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Members Vote for a New Beginning in Local 96

Washington Gas utility workers have voted in new leadership in Teamsters Local 96 in Washington, D.C. after a grassroots campaign by the New Beginning Slate.

Happy Thanksgiving

Happy Thanksgiving from TDU. We're thankful for union members who are organizing for economic and social justice. Change is coming to the Teamsters!

View More News Posts