May 26, 2009 (FinancialWire) — American Commercial Lines Inc. (NASDAQ: ACLID) said it has effected a one-for-four reverse stock split of its outstanding shares of common stock prior to the opening of trading on the Nasdaq.

The reverse split is effective with respect to stockholders of record at the close of business on May 25. As a result of the reverse stock split, each four shares of common stock were combined into one share of common stock.

The total number of shares of American Commercial’s common stock outstanding, excluding treasury shares, were reduced from around 50.9 million shares to around 12.7 million shares.

American Commercial’s common stock will trade under the symbol “ACLID” for 20 days to designate that it is trading on a post-reverse stock split basis. The common stock will resume trading under the symbol “ACLI” after the 20-day period.

Jeffersonville, Indiana-based American Commercial Lines is an integrated marine transportation and service company with around 3,400 employees as of December 31, 2008.

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