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Re: sartorialshaf post# 3108

Friday, 04/25/2014 8:17:10 PM

Friday, April 25, 2014 8:17:10 PM

It was sent to my email so I don't have a link but here's the just of the article. It was sent to me because I get SYN updates from seeking alpha.
Synovus sets 1:7 reverse stock split • 8:34 AM

Synovus (SYN) expects the split to take effect on May 16, and for shares to begin trading on a post-split basis on May 19.
The stock price of the bank has been stuck in the $3 range ever since the financial crisis, and management hopes the boosted price will put the shares on the radar of a broader range of investors.
Source: Press Release
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