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Beazer Homes (BZH) announces a 1-for-5 reverse split . In addition, the number of authorized...

Beazer Homes (BZH) announces a 1-for-5 reverse split . In addition, the number of authorized shares will be reduced from 180M shares to 100M shares. Shares will begin trading on a split-adjusted basis on October 12.
Comments (3)
  • Blutopaz
    , contributor
    Comments (92) | Send Message
     
    So is this good or not....??......need info.....thanks.
    12 Oct 2012, 09:17 AM Reply Like
  • mrmedusa
    , contributor
    Comments (267) | Send Message
     
    Reverse splits are usually a bad sign, but not always. Time will tell.
    12 Oct 2012, 10:49 AM Reply Like
  • Blutopaz
    , contributor
    Comments (92) | Send Message
     
    ....Oct 20---some major fund announced over 5% stake in BZH just recently, this was after the split.....BluTopaz.
    23 Oct 2012, 06:44 AM Reply Like
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