Flexible Electronics News

Evergreen Solar Implements a 1-for-6 Reverse Stock Split

Will reduce the number of outstanding shares of the company’s common stock from approximately 209 million shares to approximately 35 million shares

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evergreen Solar, Inc. announced that it will effect the 1-for-6 reverse stock split previously approved by the company’s stockholders at the annual meeting of stockholders on July 27, 2010. The 1-for-6 reverse split of the company’s common stock was effective at 12:01 a.m. Eastern Standard Time, on Saturday, Jan. 1, 2011. Due to the reverse stock split, Evergreen Solar’s common stock will trade under a new CUSIP number, 30033R306, and will temporarily trade under the symbol “ESLRD” for 20 tra...

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