Hear AtLast Holdings Inc (HRAL)

[amadeus]

I can show you 100 examples if you like

it happens all the time

http://www.reuters.com/article/2015/06/25/idUSnHUG6pT6GW+1cb+ONE20150625

June 25, 2015 - Noranda Aluminum Holding Corporation (NYSE: NOR) ("Noranda" or the "Company") announced today that its Board of Directors (the "Board") has unanimously approved a 1-for-7 reverse stock split of its common stock (the "reverse stock split") and a reduction in the number of authorized shares of its common stock (the "authorized share reduction").

If the reverse stock split is approved and implemented, the number of authorized shares of common stock of the Company will be reduced from 200 million shares to 30 million shares.