Thursday 28 March 2024
 
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reverse stock split

Saudi billionaire backs Citi reverse stock split

Saudi billionaire Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC) and the largest shareholder in Citigroup, has expressed his support for the company’s reverse stock split and reinstatement of its cas

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DP World mulls one-for-20 reverse stock split

DP World, one of the world's largest marine terminal operators, said its board plans to undertake a one-for-20 reverse stock split, in a bid to boost its share price, after seeking approval from its shareholders. As per the proposal, e

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