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madrabbit

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madrabbit

Re: TenKay post# 125317

Friday, 10/13/2017 2:50:06 PM

Friday, October 13, 2017 2:50:06 PM

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A company’s board of directors may declare a reverse stock split without shareholder approval. Although the SEC has authority over a broad range of corporate activity, state corporate law and a company’s articles of incorporation and by-laws govern reverse stock splits.


https://www.sec.gov/fast-answers/answersreversesplithtm.html
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