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R/SRuby/Sapphire (Pokémon)
R/SReschedule (shorthand)
R/SRouting and Switching (telecommunication networks)
R/SRemote Sensing
R/SReverse Split (finance)
R/SReinforcing Steel (aka rebar)
R/SReligion and/or Spirituality
R/SRespectfully Submit
R/SRally Sport
R/SReport of Survey
R/SRoute Sheet
R/SRespectfully Sent (letter closing)
R/SReentry System
R/SRegulatory or Safety (automotive requirements)
R/SReplacement to Silent Ratio
R/SRevision Segment
R/SRationalization & Standardization
References in periodicals archive ?
Marchman (2007) shows that reverse split firms with lower leverage and better operating performance are associated with better long-run stock performance.
The company will arrange for the disposition of fractional share interests of stockholders who hold fewer than 100 shares immediately prior to the reverse split by having the company's transfer agent aggregate such fractional share interests and sell the shares of common stock resulting from such aggregation in open market transactions following the effectiveness of the forward split.
"A recent article about Sirius XM (SIRI) here on Seeking Alpha explored why the author felt Sirius XM 'needs' a reverse split 'now.' I disagree, and to be completely honest I find the idea of a reverse split today not only improbable, but near impossible when one considers Sirius XM's present state.
Advanced Cell Chairman and Chief Executive Gary Rabin said in a news release, "We believe the focus by our shareholders on a reverse split has contributed to a sharp decline in the price of our stock, despite the significant progress we have made in our clinical programs."
Because of higher liquidity, lower transaction costs, marketability, and marginability of firms' stocks, the split stocks are likely to exhibit improved operating performance after reverse split and are expected to generate post-split abnormal returns over a longer horizon.
(OTCBB: ASPW), a manufacturer, designer and integrator of renewable energy generation, management and distribution systems, has announced that its board of directors has approved a 1-for-20 reverse split of its common stock.
The company has reported that due to technical difficulties with the Depository Trust Company (DTCC) to exchange shares on buyback action, the company board of directors has approved a reverse split action instead.
The purpose of the reverse split was to reduce the number of outstanding common shares and raise the market price of the company's common stock, thereby complying with the listing requirements of the Nasdaq capital market.
Prior to the reverse split, the corporation had 186.2 million shares of common stock issued and outstanding.
In addition, the company's board has proposed that the reverse share split be carried out by redeeming without compensation, in deviation from the proportional shareholdings of shareholders as set out in the Chapter 15, Section 9 of the Companies Act, from every shareholder a number of shares corresponding to the result of multiplying the number of shares on each book-entry account on the reverse split date by a coefficient of 4/5, i.e for each existing five shares, four shares will be redeemed.
BANKING AND CREDIT NEWS-November 29, 2018-Credit Suisse AG to implement DGAZ ETNs reverse split
"Shareholders ownership in Savi Financial does not change based on this reverse split," said Michal D.