Brief: Moduslink Global Solutions announces reverse/forward stock splits

Steel Connect

12/01/2015 14:12

Jan 12 (Reuters) - ModusLink Global Solutions Inc  MLNK.O : 
 * Announces reverse/forward stock splits 
 * Says effect a reverse split of the company's common stock, par value $0.01 
   per share 
 * Ratio for the reverse stock split is fixed at 1-for-100 
 * Says ratio for the forward stock split is fixed at 100-for-1 
 * Expects about 1 million of outstanding shares of common stock will be 
   fractionalized as a result of reverse stock split 
 
* Source text for Eikon  ID:nBw3kDqYPa  
 
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