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.
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