Cray shareholders approve reverse split - SUPERCOMPUTING NEWS

SCIENCE

Cray shareholders approve reverse split

Written by: Writer
Category: SCIENCE
Published: January 29, 2009, 11:05 pm
Supercomputer maker Cray said on Wednesday a one-for-four reverse split of its common stock was approved by shareholders and will become effective before the opening of business on Thursday. Cray shareholders also approved an increase in the company's authorized common stock, elected all eight nominees to the board and approved a new long-term equity compensation plan.

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