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Thursday, 04/26/2018 5:34:10 PM

Thursday, April 26, 2018 5:34:10 PM

Post# of 17453
A COUPLE EXAMPLES
Famed U.S. Government bailout candidate American International Group (AIG) was close to being yanked from the New York Stock Exchange when its stock sank below 2. The company did a 1-for-20 reverse split that sent the price above 20. Today, AIG trades at 54.

• When the recession pummeled Citigroup (C) and other financial stocks in 2011, the company executed a 1-for-10 split that boosted its shares from around 4.50 to about 45. Citigroup’s current share price is 69.

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