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reverse/forward stock split

A technique used by companies to purchase back all outstanding stock from certain investors when a relatively unknown number of shares are in question. This strategy requires the company to first announce a reverse split of their stock, followed by a forward split. The main benefit to this type of split is to reduce the total number of shareholders and as a result reduce administrative overhead.

Related information about reverse/forward stock split:
  1. Reverse/Forward Stock Split Definition | Investopedia
    A reverse/forward stock split is usually used by companies to cash out shareholders with a less-than-certain amount of shares. This is believed to cut ...
     
  2. Why do companies use reverse/forward stock splits?
    Feb 12, 2010 ... Companies will use reverse/forward stock splits mainly in an attempt to save future administrative costs. A reverse/forward stock split involves two.
     
  3. DGT Holdings completes reverse/forward stock split
    Jan 10, 2011 ... DGT Holdings Corp. announced today that it has completed the previously announced reverse stock split at a ratio of one-for-fifty and a forward ...
     
  4. The Reasoning Behind the Reverse/Forward Stock Split - Financial ...
    The reverse/forward stock split is a tactic that is utilized by many companies at some point. It has become a controversial practice in the eyes of many individual ...
     
  5. What is a Reverse/Forward Stock Split? - What Is A Stock Split - Split ...
    What is a Reverse/Forward Split? >Date Added: March 28th, 2006. By Chris Stallman | E-mail. "A company I recently invested in had a reverse/forward split and ...
     
  6. Del Global Technologies Corp. Board Authorizes Reverse/Forward ...
    Jan 6, 2011 ... Del Global Technologies Corp. Board Authorizes Reverse/Forward Stock Split Previously Approved by Shareholders to be Effective January 6, ...
     
  7. What is reverse/forward stock split? definition and meaning
    Definition of reverse/forward stock split: A technique used by companies to purchase back all outstanding stock from certain investors when a relatively unknown ...
     
  8. Brocade - Brocade Completes Reverse/Forward Stock Split
    Jun 27, 2007 ... SAN JOSE, Calif., June 27 -- Brocade(R) (Nasdaq: BRCD), the leader in networked storage solutions that help enterprises connect and ...