Market Overview

American CareSource Holdings Announces 1-for-3 Reverse Stock Split


American CareSource Holdings, Inc. (NASDAQ: ANCI), the leading national network of ancillary healthcare providers, today announced that its Board of Directors, at a meeting held on August 28, 2012, approved a reverse split of the company's common stock at a ratio of one share for every three shares of common stock outstanding. The split will become effective at 9:30 a.m., Eastern Time, on Tuesday, September 4, 2012. The timing and ratio of the reverse split were determined by the Board pursuant to a proposal to amend the company's Certificate of Incorporation to effect a reverse split of its common stock, which was approved by the company's stockholders at its annual meeting held on June 11, 2012.

Posted-In: News Stock Split


Related Articles (ANCI)

View Comments and Join the Discussion!

Walmart Expands its Investment in Technology With iPhone Payment System

Array Announces Changes to Board