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-0.00103092783505152 -0.00206185567010323 -0.0051546391752578 -0.00360824742268043 0.0103092783505154 0.00773195876288652 0.00515463917525762 0.00773195876288652
Stock impact report

The Manitowoc Company, Inc. Announces 1-for-4 Reverse Stock Split

Manitowoc Company, Inc. (The) (MTW) 
Last manitowoc company, inc. (the) earnings: 2/6 04:31 pm Check Earnings Report
Company Research Source: Business Wire
MANITOWOC, Wis.--(BUSINESS WIRE)-- The Manitowoc Company, Inc. (NYSE: MTW) announced today that Manitowoc shareholders, at a special meeting of shareholders held earlier today, approved a 1-for-4 reverse stock split and reduction of the total number of shares of common stock Manitowoc is authorized to issue from 300,000,000 shares to 75,000,000 shares. Manitowoc common stock will begin trading on a split-adjusted basis when markets open on November 20, 2017. Manitowoc common stock will continue to trade on the New York Stock Exchange under the symbol “MTW,” although a new CUSIP number (563571 405) has been assigned to it as a result of the reverse stock split. No fractional shares will be issued in connection with the reverse stock split. Shareholders otherwise entitled to receive fractional share(s) as a result of the reverse stock split will receive cash payments in lieu of such shares. Show less Read more
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