Heartland Reverse Splits 2-For-1
January 20, 2010 (FinancialWire) — Heartland, Inc. (OTCBB: HTLJ), a company with businesses in steel warehousing and fabrication and petroleum retail and wholesale operations, said that a reverse stock split of two to one approved by its board of directors on December 23, 2009 became effective on January 19.
For a twenty day period following the implementation of the reverse split, Heartland’s ticker symbol will be “HTLJD.” Following that period, the symbol will revert to “HTLJ.”
As a result of the reverse split, the company will have approximately 22,333,779 shares issued and outstanding. The authorized shares of common stock will not be impacted by the reverse split.
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