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SAS sets date for reverse stock split

SAS announced June 9 as the record date for a 1:30 reverse stock split of its shares. The last day of trading in SAS shares before the split is June 4. Following the reverse split, the number of shares will be reduced from 9.87 billion to 329 million. Companies typically carry out reverse splits in an effort to increase the value of outstanding shares.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.