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Walmart 3-for-1 Stock Split To Boost Employee Benefit

Walmart 3-for-1 Stock Split To Boost Employee Benefit

by Mike Duff | Jan 31, 2024 | Retail Articles

In a return to a policy that harkens back to Sam Walton and his leadership of Walmart, the company announced it will conduct a split of its outstanding shares of common stock at a three-for-one rate. Although the company described the stock split as a result of its...
Rite Aid Facing New York Stock Exchange Delisting

Rite Aid Facing New York Stock Exchange Delisting

by Mike Duff | Oct 5, 2023 | Retail Articles

Rite Aid Corp. has announced that the New York Stock Exchange informed the company that it is no longer in compliance with the organization’s continued listing standards. NYSE stated that Rite Aid has failed to meet its Minimum Market Capitalization Standard and...
Special Meeting Set As Bed Bath & Beyond Advocates Reverse Stock Split

Special Meeting Set As Bed Bath & Beyond Advocates Reverse Stock Split

by Mike Duff | Apr 11, 2023 | Retail Articles

Bed Bath & Beyond will hold a previously announced special meeting of shareholders on May 9 where the company is asking for support for its reverse stock split plan. The announcement detailed certain information about the shareholder vote and its stock relevant to...
Special Meeting Set As Bed Bath & Beyond Advocates Reverse Stock Split

Bed Bath & Beyond Amends Terms of Financial Initiative

by Mike Duff | Mar 14, 2023 | Retail Articles

As it continues to reconstruct its finances, Bed Bath & Beyond announced an amendment to its warrants to purchase Series A Convertible Preferred Stock previously issued on February 7 under which the company is temporarily adjusting its Price Failure threshold to...
Special Meeting Set As Bed Bath & Beyond Advocates Reverse Stock Split

ANALYSIS: Bed Bath & Beyond Gets Boost from Stock Sale but Questions Linger

by Mike Duff | Feb 8, 2023 | Featured News, Retail Articles

Bed Bath & Beyond found a potential rescuer in Hudson Bay Capital, but it still has a long way to go before its fortunes are secure. Certainly, Bed Bath & Beyond is characterizing the stock transaction and its backing by Hudson Bay Capital (not affiliated with...
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