AHC - A. H. Belo announces 1-for-4 reverse stock split

A. H. Belo (AHC) board approves a reverse stock split of all of the issued and outstanding and treasury shares of common stock, par value $0.01 per share, of the company, at a reverse stock split ratio of 1-for-4. The reverse stock split is expected to become effective at 12:01 a.m. Central Daylight Time on June 8, 2021.'AHC' is expected to begin trading on a post-split basis when the market opens on June 8, 2021.The reverse stock split and related charter amendment will also proportionately reduce the number of the company’s authorized common shares from 125M to 31.25M.Share price drops 2.5% after hours.

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A. H. Belo announces 1-for-4 reverse stock split