Ocean Power Technologies Announces 1-For-30 Reverse Stock Split, Effective Sept. 14
Ocean Power Technologies, Inc. ("OPT" or the "Company") (NYSE:OPTT), a leader in maritime operational infrastructure and autonomous ocean systems, today announced a 1-for-30 reverse stock split
Ocean Power is combining 30 old shares into 1 new share on September 14. This makes each share worth more on paper, but it does not change what the company is actually worth.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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