reverse stock split

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Noun1.reverse stock split - a decrease in the number of outstanding shares of a corporation without changing the shareholders' equity
reduction, step-down, diminution, decrease - the act of decreasing or reducing something
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References in periodicals archive
TOP Ships announced that it has determined to effect a 1-for-20 reverse stock split of the company's issued common shares.
M2 EQUITYBITES-June 7, 2019-Dynex Capital announces USD0.18 per share dividend for June 2019 and reverse stock split
Global Banking News-June 7, 2019-Dynex Capital announces USD0.18 per share dividend for June 2019 and reverse stock split
(Nasdaq: CETX, CETXP, CETXW), a global technology company, has announced that effective at 9:00 a.m., EDT, on June 13, 2019, the company will effect a six-for-one reverse stock split of its outstanding common stock, the company said.
International Resource News-April 4, 2019--DowDuPont approves common stock reverse stock split
NORDIC BUSINESS REPORT-February 27, 2019-Genkyotex reports launch of 10-for-1 reverse stock split of its shares
announced that its board of directors has approved a reverse stock split of the company's common stock.
At the 2018 annual meeting of stockholders held on 5 June 2018, the company's stockholders authorised the board of directors to amend the Amended and Restated Certificate of Incorporation to effect a reverse stock split at a ratio in the range of one-for-four to one-for-ten.
completed its previously announced one-for-five reverse stock split of its outstanding shares of common stock.
BANKING AND CREDIT NEWS-August 21, 2018--Central Federal Corporation approves 1-for-5.5 reverse stock split
- US-based biopharmaceutical company Merrimack Pharmaceuticals' (NASDAQ: MACK) previously reported one-for-ten reverse stock split of its issued and outstanding common stock will be effective for trading purposes as of the commencement of trading on 6 September 2017.
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