On friday the gorgan cosmetics inc traded for exist055 per, Ask an Expert

Finance

On Friday the Gorgan Cosmetics Inc. traded for exist0.55 per share and had 100M shares outstanding. It announces that it will execute a reverse split on a 1-for-5 basis what price will the stock trade for after the split?

The stock will trade for exist after the split.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92395074

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