Vyne Therapeutics Announces 1-For-50 Reverse Stock Split, Special Dividend Of $0.40242/Share Payable To Shareholders Of Record As Of July 22
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Why It Matters
Vyne is combining 50 old shares into 1 new share and giving shareholders a special payment of about 40 cents per share. This lets you think about whether the company is trying to fix its stock price or return cash to people who own it.
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