Kansas Proposal to amend articles of incorporation to effect a reverse stock split of common stock and authorize a share dividend on common stock
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How to fill out Proposal To Amend Articles Of Incorporation To Effect A Reverse Stock Split Of Common Stock And Authorize A Share Dividend On Common Stock?
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FAQ
AMC's Reverse Stock Split A shareholder vote approved the reverse split proposal ? along with the proposal to convert AMC Preferred Equity (APE) units to common shares ? in March. AMC management's main objective is to raise more cash through equity. Why AMC Entertainment Will Implement a Reverse Stock Split thestreet.com ? memestocks ? why-amc-ente... thestreet.com ? memestocks ? why-amc-ente...
In a reverse stock split, the share count drops and the share price rises. A 1-for-10 reverse split like AMC's should slash the share count to 10% and add a zero to the stock price. Unfortunately for AMC, a tenfold rise in stock price hasn't held.