Athens-based owner will carry out one-for-10 split
Key takeaways
- Athens-based owner will carry out one-for-10 split
- Evangelos Pistiolis-controlled Rubico is going for its second share cull in two months as it tries to boost the trading price.
- The board at the Athens-based tanker owner has cleared a one-for-10 reverse stock split on Thursday.
- This will reduce the number of outstanding shares to 757,000 from 7.57m.
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Evangelos Pistiolis-controlled Rubico is going for its second share cull in two months as it tries to boost the trading price.
The board at the Athens-based tanker owner has cleared a one-for-10 reverse stock split on Thursday.
This will reduce the number of outstanding shares to 757,000 from 7.57m.
Original publication
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