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.

Get Advice Join TDU Donate

Recent News

Union Membership Steady for 2019 at 16.4 million

That represents a slight decline in percentage of unionization, according the comprehensive annual report. The union advantage remains strong: "Union members had median usual weekly earnings of $1,095 in 2019, while those who were not union members had median weekly earnings of $892" That's $10,556 per year. Read the report.

'How this African American UPS worker challenged powerful union leaders in Philly, and won.'

by Juliana Feliciano Reyes, January 22, The Philadelphia Inquirer

"Around the country, rank and file union activists — from teachers to journalists to warehouse workers — have challenged the establishment, who they say is too complacent, too cozy with management, to fight for workers and keep corporations in check."

View More News Posts