financetom
Business
financetom
/
Business
/
SITE Centers Approves 1-for-4 Reverse Stock Split
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
SITE Centers Approves 1-for-4 Reverse Stock Split
Jul 15, 2024 4:42 AM

07:31 AM EDT, 07/15/2024 (MT Newswires) -- SITE Centers ( SITC ) said on Monday that its Board has approved a one-for-four reverse stock split of the company's common shares.

The company said the shareholders will receive cash instead of fractional shares.

It added that the split-adjusted common shares are expected to commence trading on the New York Stock Exchange on Aug. 19.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Lyft Q4 Earnings: Revenue Beat, Gross Bookings Up 15%, New Buyback — 'Our Biggest Competition Is Inertia'
Lyft Q4 Earnings: Revenue Beat, Gross Bookings Up 15%, New Buyback — 'Our Biggest Competition Is Inertia'
Feb 11, 2025
We helped 44 million people across the U.S. and Canada get off their tuchuses, said Lyft ( LYFT ) CEO David Risher.Lyft Inc ( LYFT ) reported fourth-quarter financial results after the market close on Tuesday. Here’s a rundown of the report. Q4 Earnings: Lyft ( LYFT ) reported fourth-quarter revenue of $1.6 billion, beating analyst estimates of $1.56 billion,...
Mexican telecoms giant America Movil's profit slides on FX losses
Mexican telecoms giant America Movil's profit slides on FX losses
Feb 11, 2025
MEXICO CITY, Feb 11 (Reuters) - Mexican telecommunications giant America Movil on Tuesday reported a 48% fall in its fourth-quarter net profit, well below analysts' expectations, with the company citing foreign-exchange losses even as its revenues rose. Profit for the company, controlled by the family of Mexican billionaire Carlos Slim, landed at 9.48 billion pesos ($453 million) - well below...
Exclusive-Restaurant chain Dave's Hot Chicken explores sale, sources say
Exclusive-Restaurant chain Dave's Hot Chicken explores sale, sources say
Feb 11, 2025
NEW YORK (Reuters) - Dave's Hot Chicken, which counts rapper Drake among its investors, is exploring a potential sale that could value the popular restaurant chain at about $1 billion, including debt, people familiar with the matter said on Tuesday. The Pasadena, California-based fried-chicken chain is working with investment bank North Point on a sale process, which is attracting interest...
Upstart Q4 Tops Estimates; Sets Guidance; Shares Up After-Hours
Upstart Q4 Tops Estimates; Sets Guidance; Shares Up After-Hours
Feb 11, 2025
04:45 PM EST, 02/11/2025 (MT Newswires) -- Upstart Holdings ( UPST ) reported Q4 adjusted earnings late Tuesday of $0.26 per diluted share, swinging from a loss of $0.11 a year earlier. Analysts surveyed by FactSet expected a loss of $0.04 . Revenue for the quarter ended Dec. 31 was $219 million, up from $140.3 million a year earlier. Analysts...
Copyright 2023-2026 - www.financetom.com All Rights Reserved