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People's United Financial Inc. Message Board

  • thriftmannj thriftmannj Jan 17, 2014 6:58 PM Flag

    1 for 2 Reverse Split

    Barnes & Co. have figured out a solution of how to increase the share price now that they have run out of money to do buybacks. They can do a 1 for 2 reverse split, and double the share price! Then the stock may be back over the $20 issue price and everyone will be happy. Earnings (per share at least) may even double too.

 
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