BroadVision reverse-splits its shares big time(0)
In the world of reverse-splits, it rarely gets as dramatic as this. BroadVision of Redwood City said Friday it completed its 1-for-25 split, meaning that shareholders received one new post-split share in exchange for every 25 they owned. Fractional shares will be paid out in cash.
The change will be reflected when the markets open Monday. Broadvision shares (ticker:BVSN) closed Friday at 48 cents each, which will be equal to Read the rest of this entry »
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