ABLTD WELLESLEY HILLS, MA, June 4, 2012 - American Biltrite Inc. (PINK:ABLT) announced today that it will effect a one-for-one-hundred reverse stock split of its common stock, par value $.01 per share. The reverse stock split is planned to take effect on or about 5:00 p.m., June 5, 2012. The Company’s Board of Directors approved the reverse stock split on March 13, 2012, and the stockholders of the Company approved the reverse stock split at the Company’s annual meeting held on May 15, 2012.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.