On February 18, 2015 the Board of Directors of Regen Biopharma, Inc.(“Regen”) declared a dividend to common shareholders of record as of March 10, 2015 (“Record Date”) to be paid to common shareholders on or about March 20, 2015, such dividend to be payable in shares of Regen’s authorized but unissued Series A Preferred Stock and to consist of one share of Series A Preferred Stock for every ten common shares of Regen Common Stock owned as of the Record Date.
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