If the reverse stock split is approved by our stockholders, Sun will exchange one new share for every four outstanding shares. As a result, Sun would have one-fourth as many outstanding shares, but each share would be worth approximately four times as much. In general, a reverse stock split will not impact the market value of Sun as a whole
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http://biz.yahoo.com/ap/070905/sun_microsystems_stock.html?.v=3
Thursday, September 06, 2007
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1 comment:
Well at least now sun shares will cross $10 mark :)
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