Halcon Resources Announces Reverse Stock Split

Symbols: HK
Posted in: News, Stock Split
Share

Halcón Resources Corporation (NASDAQ: HK), today announced that a one-for-three (1:3) reverse stock split of Halcón Resources common stock, previously approved by stockholders, will be effective on February 10, 2012. The reverse stock was approved in connection with Halcon Resources, LLC's $550 million investment in the Company and is intended to provide a stock price that is more attractive and suitable to a broader range of potential investors.


 
 
< Previous
Perry Ellis International Announces Menswear Collaboration with Duckie Brown
Next >
BAE Systems Awarded $31 Million to Refurbish M113A2s for Iraq
Share
Printer-friendly version
Send to friend
We're Loving

Benzinga's Premium Memberships

Benzinga's News Delivered Free

Brain Trust