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News Breaks | | | | October 23, 2012 | | 04:50 EDT |  | EOX | Emerald Oil announces 1-for-7 reverse stock split
Emerald Oil announced that the company's shareholders have approved a 1-for-7 reverse stock split of the company's issued and outstanding common stock. The Reverse Split became effective on Oct. 22, and trading of the company's common stock on a split-adjusted basis will begin at the opening of trading on Oct. 23. The Reverse Split was previously disclosed in the proxy materials distributed to the Ccompany's shareholders in connection with the special shareholders' meeting held on Oct. 22 to approve, among other proposals, an amendment to the company's Articles of Incorporation to effect the Reverse Split. Emerald's shares of common stock will continue to trade on the NYSE MKT exchange under the symbol "EOX". As a result of the Reverse Split, every seven shares of Emerald common stock were converted into one share of Emerald common stock, thus reducing the company's number of shares outstanding from approximately 163.7M shares to approximately 23.4M shares | |
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News For EOX From The Last 14 Days Check below for free stories on EOX the last two weeks. |
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| May 17, 2013 | | 08:37 EDT |  | EOX | Emerald Oil 12M share Secondary priced at $6.10
 Subscribe for More Information | | | May 13, 2013 | | 08:11 EDT | | EOX | Emerald Oil sells common stock to White Deer private equity firm
Subscribe for More Information | | | May 8, 2013 | | 16:28 EDT |  | EOX | Emerald Oil reports Q1 adjusted EPS (12c), consensus (7c)
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