Examples of Stock Split in a sentence
Stock Split: The position of the borrower would be proportionately adjusted so that the lender receives the revised quantity of shares.
No fractional shares were issued in connection with the Reverse Stock Split.
No fractional shares shall be issued in connection with the Reverse Stock Split.
In connection with the Merger, the Issuer issued shares of Common Stock to REP’s unitholders, including REXG, at an exchange ratio of approximately 97.796467 shares of Common Stock (as adjusted pursuant to the Reverse Stock Split) in exchange for each common unit of REP held by REP’s unitholders as of the Effective Time.
In connection with the Reverse Stock Split, the conversion ratio for the Company’s outstanding redeemable convertible preferred stock was proportionately adjusted such that the common stock issuable upon conversion of such preferred stock was decreased in proportion to the Reverse Stock Split.