Stocks that Float: TANKERS & DRY BULK SHIPPERS

[xanadu90]

DRYS will arrange a special shareholder meeting, but they did not inform the date. It can be just a formality, in other words a split is apparently going to happen. They may know that the majority of the shareholders (the big ones) already support it.


DryShips Plans 3-For-1 Stock Split
Monday November 12, 10:44 am ET
DryShips to Hold Shareholder Meeting to Approve a 3-For-1 Stock Split

NEW YORK (AP) -- Drybulk shipper DryShips Inc. said Monday it will hold a special shareholder meeting to approve an amendment that would allow for a 3-for-1 stock split.

The stock split, if approved, would be in the form of a dividend. The company had just under 35.5 million shares of stock outstanding as of Sept. 30.