SCOTTSDALE, Ariz., April 30, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that it will effect a 1-for-20 reverse stock split (“Reverse Stock Split”) of its Class A common stock, par value $0.001 per share (“Class A Common Stock”) and Class B common stock, par value $0.001 per share (“Class B Common Stock”, together with the Class A Common Stock, the “Common Stock”), that will become effective on May 2, 2025, at 12:01 a.m. Eastern Time. The C ...

Core Points - Snow Lake Resources Ltd. will implement a 1-for-13 reverse stock split effective on May 2, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 [1][2] - The reverse stock split will reduce the number of issued and outstanding common shares from approximately 101,704,516 to about 7,823,360 [4] - The reverse stock split will not change the par value of the common shares or the authorized number of shares, and it will affect all shareholders uniformly [3][4] Company Information - Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on Nasdaq under the symbol LITM, focusing on critical mineral and clean energy projects [8] - The company has exploration stage projects including the Pine Ridge Uranium project in Wyoming, USA, and the Engo Valley Uranium Project in Namibia, along with additional projects in Manitoba [8]

Stock Split Overview - The market has seen a significant stock split announcement in 2025, with O'Reilly Automotive declaring a 15-for-1 forward split after a notable increase in its stock price since its last split in 2005 [1][11] - Stock splits, particularly forward splits, have been a key driver of market performance, contributing to record highs in major indices like the Dow Jones, S&P 500, and Nasdaq [2][9] Types of Stock Splits - There are two main types of stock splits: forward and reverse, with forward splits being more favorable among investors [5][6] - Forward stock splits aim to lower share prices to make them more accessible to retail investors, while reverse splits are often associated with companies facing operational challenges [6][7] Performance of Companies with Forward Splits - Companies that have executed forward stock splits have historically outperformed the S&P 500, with an average return of 25.4% in the 12 months following the announcement since 1980, compared to the S&P 500's 11.9% [9] - High-profile companies like Nvidia, Walmart, and Broadcom have recently completed forward splits, contributing to a wave of stock-split enthusiasm [10] O'Reilly Automotive's Performance - O'Reilly Automotive's stock has increased by over 4,400% since its last split in 2005, driven by factors such as an aging vehicle fleet and a robust stock buyback program totaling nearly $26 billion since 2011 [11][12] - The company's strong performance is attributed to its strategic investments and operational efficiency [12] Fastenal's Stock Split and Growth - Fastenal has a history of stock splits, with its latest 2-for-1 split approved for May 21, reflecting its long-term success and operational investments [15][16] - The company has seen significant growth, with shares increasing by over 127,100% since its IPO, supported by a strong sales performance tied to manufacturing [16][17] Economic Factors and Future Outlook - Fastenal's contract sales have been rising, indicating strong demand from established customer relationships, which account for nearly three-quarters of total sales [18] - The company is investing in e-commerce and digital solutions to enhance customer service and streamline operations, which positions it well for future growth [19][20] - Despite a promising outlook, Fastenal faces challenges with a high valuation, as its forward P/E ratio of nearly 34 is above its historical average [21][22]

Core Viewpoint - Easterly Government Properties reported quarterly results that were generally in line with expectations, but investor sentiment is overshadowed by earlier disappointing news regarding dividend cuts and stock splits [1][3]. Company Performance - The company reported first-quarter funds from operations (FFO) of $0.73 per share on revenue of $78.7 million, with FFO meeting expectations while revenue fell short by $1.3 million [4]. - Following the announcement of a 32% reduction in quarterly dividends and a 1-for-2.5 reverse stock split, shares dropped by 15% [3]. Industry Context - Easterly, as a REIT focused on government properties, is affected by the Department of Government Efficiency's initiatives to reduce federal spending, including real estate [2]. - The CEO expressed optimism that the company could benefit from government cost-saving efforts, indicating a potential shift towards partnerships with private real estate owners [5]. Investor Sentiment - The company is currently viewed as a "show me" stock, with investors advised to monitor it closely due to the recent volatility and changes in dividend policy [6].

Core Viewpoint - FOXO Technologies Inc. has completed a 1 for 10 reverse stock split of its outstanding common stock, effective April 28, 2025, with trading resuming on a post-split basis on April 29, 2025 [1][2][3]. Group 1: Reverse Stock Split Details - The reverse stock split consolidates every 10 shares of common stock into one share, maintaining the nominal par value per share at $0.0001 [2]. - The number of shares will decrease from approximately 38.7 million to approximately 3.87 million post-split [3]. - All outstanding preferred shares, stock options, warrants, and equity incentive plans will be adjusted accordingly, with the number of shares divided by 10 and the exercise or conversion price multiplied by 10 [4]. Group 2: Administrative Aspects - Continental Stock Transfer & Trust Company has been retained as the exchange agent for the reverse stock split, providing instructions for stockholders of record [5]. - Stockholders with shares held through brokers will have their positions automatically adjusted without needing to take action [5]. - The reverse split was approved by the Company's directors on April 17, 2025, following a majority shareholder resolution on November 29, 2024 [6]. Group 3: Company Overview - FOXO Technologies Inc. operates three subsidiaries: Rennova Community Health, which owns Scott County Community Hospital, Myrtle Recovery Centers, a behavioral health facility, and Foxo Labs, a biotechnology company focused on health and lifespan improvement [7][8].

Stock-split euphoria fueled Wall Street's gains in 2024 A stock split is an event that allows a publicly traded company to cosmetically alter its share price and outstanding share count by the same factor. The "cosmetic" aspect has to do with these adjustments not impacting a public company's market cap or its underlying operating performance. Splits come in two flavors, with investors gravitating to one far more than the other. The less-popular of the two is a reverse split, which is designed to increase a ...

Core Viewpoint - O'Reilly Automotive is positioned as a strong investment opportunity, with solid business fundamentals and a proposed stock split aimed at increasing accessibility for investors and employees [3][4][11]. Group 1: Financial Performance - O'Reilly Automotive reported Q1 revenue of $4.14 billion, reflecting a 4% year-over-year increase, driven by a 3.6% comparable store gain [6]. - The company achieved a quarterly net income of $538 million, maintaining positive cash flow while returning capital to shareholders through share repurchases [8]. - Despite margin contraction due to increased cost pressures, the earnings remain robust enough to sustain the financial outlook [8]. Group 2: Stock Split and Market Impact - A proposed 15:1 stock split is set for a vote in May, aimed at making shares more accessible and potentially benefiting the broader market [3][4]. - Historical data suggests that stocks that undergo splits tend to outperform the market over time, indicating a positive outlook for O'Reilly post-split [4]. - Analysts have raised their price targets following the guidance update, with a consensus target of $1,412.06, suggesting a potential upside of 4.83% [10][11]. Group 3: Analyst Sentiment - The consensus among 18 analysts remains bullish, with all recent revisions indicating price target increases [11]. - The stock price is currently experiencing a pullback from record highs but shows signs of forming a bullish consolidation, with potential for further increases [12]. - Support is anticipated near the $1,300 level, which may be retested before reaching new highs [13].

Management remains focused on improving profitability and expanding margins by modernizing its fleet, leveraging partnership with Delta and delivering premium solutions for every customer journeyATLANTA, April 25, 2025 /PRNewswire/ -- Wheels Up Experience Inc. (NYSE: UP) ("Wheels Up") today announced that it received a notice from the New York Stock Exchange (the "NYSE") on April 22, 2025 that the average closing price per share of its common stock did not exceed $1.00 over a 30 consecutive trading-day peri ...

Core Points - Atos SE has completed a reverse stock split as decided by its Board of Directors on March 6, 2025, following a delegation of powers by the shareholders' General Meeting on January 31, 2025 [1][2][3] Summary by Sections Reverse Stock Split Details - The reverse stock split is a technical exchange transaction that does not affect the total value of shares held by shareholders [2] - The exchange ratio is 10,000 old shares with a par value of €0.0001 for 1 new share with a par value of €1 [9] - The total number of old shares subject to the reverse stock split was 190,358,728,519, resulting in 19,035,872 new shares [9] Shareholder Actions - Shareholders holding multiples of 10,000 shares do not need to take any action as their shares were automatically consolidated [4] - Shareholders with fractional rights will be compensated by their financial intermediaries within 30 days of April 24, 2025 [5] Adjustments Related to Warrants - The exercise parity of the share subscription warrants issued on December 18, 2024, has been adjusted in accordance with the reverse stock split [6][7] - The new exercise parity corresponds to the product of the previous exercise parity and the ratio of new shares to old shares, resulting in a maximum of 1,107,589 new ordinary shares available upon exercise [7] Adjustments for Free Share Allocations - The rights of beneficiaries of free share allocations have been adjusted to reflect the reverse stock split, with the number of rights allocated being rounded down to the nearest whole number if necessary [10][11] Trading and Timetable - The new shares began trading on Euronext Paris on April 24, 2025, under ISIN code FR001400X2S4 [9][12] - The compensation period for shareholders with fractional rights runs from April 24 to May 25, 2025 [12] Company Overview - Atos is a global leader in digital transformation with approximately 74,000 employees and annual revenue of around €10 billion [13] - The company specializes in cybersecurity, cloud, and high-performance computing, providing tailored solutions across 68 countries [13]

Core Points - Sharps Technology, Inc. will implement a 1-for-300 reverse stock split effective April 27, 2025, to comply with Nasdaq's minimum bid price requirement [1][2] - The reverse split will reduce the authorized common shares from 500,000,000 to 1,666,667, and it was approved by the Board without shareholder consent [3] Company Overview - Sharps Technology is a medical device and pharmaceutical packaging company that specializes in patented smart-safety syringe products aimed at the healthcare industry [4] - The company focuses on ultra-low waste capabilities and incorporates both passive and active safety features in its syringe technologies [4] - Sharps also produces products designed with specialized copolymer technology for the prefillable syringe market segment and operates a manufacturing facility in Hungary [4]