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

In “Act of Cowardice,” Hoffa Revokes Local 2011 Charter

The Hoffa administration has pulled the plug on Teamster organizing among thousands of Florida public sector corrections officers by revoking the charter of Teamster Local 2011.  

Hoffa Corruption Cover-Up

A Hoffa-appointed panel has found Hoffa’s Executive Assistant Willie Smith not guilty after Smith was caught taking Playboy Super Bowl Party tickets from Teamster employer Southern Wine & Spirits. Their miscarriage of justice will now go before Judge Barbara Jones for review. (Reprinted from Teamsters United)

 

View More News Posts