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- Sun disclosed in a Securities and Exchange Commission filing that it will ask shareholders to approve the reverse split at their Nov. 8 annual meeting. By converting every four Sun shares to one, the step would bring about a four-fold increase in Sun's share price but have no effect on Sun's market capitalization.
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Nov 8, 2007 · SAN FRANCISCO (MarketWatch) - Sun Microsystems Inc. JAVA, -0.07% said Thursday that it's shareholders approved a 1-for-4 reverse stock split that will take effect Nov. 12. Sun will exchange...
Sun Microsystems, for instance, did a 1-for-4 reverse stock split back in November 2007, but after just a year, the shares had fallen 85% before bouncing in the wake of Oracle 's (Nasdaq: ORCL)...
Nov 9, 2007 · Sun shareholders approved a 4-1 reverse split.How do Arsian investors view this tactic when considering individual investments? On the one hand, it...
Sep 5, 2007 · Sun Microsystems Inc. intends to pull off a 1-for-4 reverse stock split to boost its share price and improve perceptions of the computing company's recent turnaround, its top two...
*The 2007 ending price for Sun Microsystems has been adjusted for a 1 for 4 reverse stock split. *In 2010, Sun Microsystems was purchased by Oracle (ORCL) for $9.50 per share in cash. Calculations do not reflect any dividends paid or any stock spinoffs from original stock.
Sep 5, 2007 · Sun Microsystems Inc. intends to pull off a 1-for-4 reverse stock split to boost its share price and improve perceptions of the computing company's recent turnaround, its top two executives told ...
Sep 6, 2007 · NEW YORK, Sept 5 (Reuters) - Sun Microsystems Inc plans to ask stockholders to approve a one-for-four reverse stock split at its annual meeting on Nov. 8, according to a filing.