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Hovnanian completes 1-for-25 reverse stock split

Mar. 29, 2019 8:44 AM ETHovnanian Enterprises, Inc. (HOV) StockBy: Liz Kiesche, SA News Editor5 Comments
  • Hovnanian Enterprises (NYSE:HOV) completes a 1-for-25 reverse stock split of its class A and class B common stock shares.
  • Effective at 12:01 AM on March 29.
  • Reverse stock split is intended to increase the per-share trading price of its class A common stock to regain compliance with NYSE's minimum average closing price criteria.

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Hovnanian Enterprises, Inc.