BBBY - Bed Bath & Beyond holds special meeting to seek approval for reverse share split stock down 9%
2023-03-17 18:04:12 ET
- Bed Bath & Beyond ( NASDAQ: BBBY ) said Friday it plans to hold a special meeting of shareholders to seek approval to effect a reverse stock split.
- The company intends to carry out the reverse stock split at a ratio in the range of 1-for-5 to 1-for-10.
- Holders of record of the common stock as of the close of business on March 27, 2023 will be entitled to notice of and to vote at the special meeting.
- Press Release .
- Shares -9.3% at $0.93 after hours.
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Bed Bath & Beyond holds special meeting to seek approval for reverse share split, stock down 9%