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Stock Market & Financial Investment News

News Breaks
July 8, 2014
17:10 EDTRTKRentech files to sell up to 45.05M shares of common stock for holders
News For RTK From The Last 14 Days
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August 4, 2015
07:17 EDTRTKRentech announces 1-for-10 reverse stock split
Rentech announced that it will effect a 1-for-10 reverse stock split of its common stock. On August 20, 2015, each 10 shares of Rentech’s issued and outstanding common stock and equivalents will be converted into 1 share of common stock and will begin trading on a split-adjusted basis. The reverse stock split will affect all issued and outstanding shares of the Company's common stock, as well as common stock underlying stock options, restricted stock units, warrants and preferred stock outstanding immediately prior to the effectiveness of the reverse stock split. The reverse stock split will proportionally reduce the total number of shares outstanding from approximately 230 million to approximately 23 million. Concurrent with the reverse stock split, the authorized shares of common stock will be reduced from 450 million to 45 million.

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