American International Group, Inc. Message Board
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R/S today or no?
Are we having Reverse Split today? or no? I am seeing 1:20 in Google
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no they closed at $1.33
- 1 Reply to juni123
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My position is currently accounting using the share price of $1.33 as well. However, the last transaction I see in the after hours is at $1.16. What do you think this is a result of?
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http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=AIG%3AUS&sid=a4rJdEHwyE9E
"Investors also approved a reverse split, in which they will turn in 20 shares for a new one. A higher share price may attract institutional investors, the company said in a proxy statement last month. The stock has declined about 96 percent in the past 12 months. The reverse split is effective after the close of regular trading today, AIG said. " -
NO REVERSE SPLIT AS PER BLOOMBERG
- 3 Replies to razf_airport
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All I see is the news that shareholders reject the increase of share. Reject boosting capital and reject R/S are 2 different things
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Yes, the R/S was approved.
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