SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Paul Kern11/2/2010 6:42:11 AM
  Read Replies (1) of 206319
 
Endeavour Announces 1-for-7 Share Consolidation
Last update: 11/2/2010 2:00:00 AM

HOUSTON, Nov. 2, 2010 /PRNewswire via COMTEX/ -- Endeavour International Corporation (END) today announces that its Board of Directors have approved a one-for-seven share consolidation of its common stock, in the form of a reverse stock split, that is expected to be effective at the opening of trading on November 18, 2010.

As a result of the share consolidation, every seven shares of common stock outstanding will automatically be combined into one share of common stock. Holders who would otherwise receive fractional shares will have their shares rounded up to the next whole share. Each shareholder will continue to hold the same percentage of the company's outstanding common shares immediately following the share consolidation as prior to it, except for minor adjustments due to the rounding up of fractional shares resulting from the share consolidation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext