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0.000581733566026696 0.000581733566026696 0.000581733566026696 0.00698080279232116 0.0325770796974985 0.0127981384525888 0.0122164048865619 0.0319953461314718
Stock impact report

Chesapeake Energy plans April 13 shareholder meeting for reverse stock split vote [Reuters]

Chesapeake Energy Corporation (CHK) 
Last chesapeake energy corporation earnings: 2/26 07:00 am Check Earnings Report
US:NYSE Investor Relations: chk.com/investors
Company Research Source: Reuters
Chesapeake Energy plans April 13 shareholder meeting for reverse stock split vote April 9 (Reuters) - Chesapeake Energy Corp said on Thursday shareholders will vote on April 13 on a reverse stock split proposal, which if approved, the company expects would boost its share price to a level required to stay listed on the New York Stock Exchange. The split, proposed within a range of one for 50 to one for 200 shares, would come into effect a day later, if accepted. ( reut.rs/3ebtPJm ) The NYSE’s listing norms mandate that a stock’s average trading price over a 30-day period be above $1 per share. If a company fails to meet the requirement, the NYSE notifies it and gives a six-month grace period to pull up the stock price. Shares of Chesapeake Energy, which was notified by the exchange in December, closed at 17 cents on Thursday. Show less Read more
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