Business in the Burbs

WHX completes reverse stock split

November

WHX Corp., a White Plains industrial products manufacturer, said that the company has completed a 1-for-10 reverse stock split of its common stock. That means that every 10 shares of common stock will be reclassified into one share. The company said that it expects the split-adjusted common stock will begin trading on the Pink Sheets on Tuesday under the new symbol WXCO. Shares today fell 15 cents to 70 cents.

This entry was posted on Monday, November 24th, 2008 at 5:09 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Stocks

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