Reverse Splits

[sludgehound]

Rite Aid to reverse split shares 1-10-15-20 3.21.19
Jan. 25, 2019 4:30 PM ET|About: Rite Aid Corporation (RAD)|By: Douglas W. House, SA News Editor
Aimed at regaining compliance with NYSE's listing standard of a $1 minimum bid price, Rite Aid (NYSE:RAD) will reverse split its common stock either 1:10, 1:15 or 1:20 subsequent to a vote from shareholders on March 21.

A preliminary proxy statement will be filed later today.

+++++++++++ Proxy details below Given size of the 1B+ OS likely 1-20

https://ih.advfn.com/stock-market/NYSE/rite-aid-RAD/stock-news/79123695/proxy-statement-notice-of-shareholders-meeting-p