Foamex Reverse Stock Split Effective
- Home
- News
-
Foamex Reverse Stock Split Effective
Linwood, PA, May 1, 2007--Foamex said that, as of the opening of trading on May 1, 2007, its one-for-four reverse stock split will be effective and its new trading symbol will be "FMXL."
The reverse stock split will reduce the number of shares of the Company's issued and outstanding common stock from approximately 93.3 million to approximately 23.3 million.