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News Breaks
October 19, 2009
08:32 EDTPPHM
theflyonthewall.com: Peregrine Pharmaceuticals 1-for-5 reverse stock split takes effect
Peregrine Pharmaceuticals announced that the previously announced 1-for-5 reverse stock split of the company's common stock will become effective at 9:30 a.m. EDT today. Peregrine's shares will continue to trade on the NASDAQ Capital Market under the symbol "PPHM", with the letter "D" added to the end of the trading symbol for a period of 20 trading days to indicate the reverse stock split has occurred. The company's symbol will revert back to its original symbol "PPHM" on November 16, 2009. Peregrine's common stock has been assigned the new CUSIP number 713661 304. :theflyonthewall.com



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