Business Services Industry
Imperial Petroleum Inc. announces reverse stock split
Business Wire, Dec 2, 1996
EVANSVILLE, Ind.--(BUSINESS WIRE)--Dec. 2, 1996--Imperial Petroleum Inc. (NASDAQ Bulletin Board Symbol -- IMPE) announced today its shareholders approved a one for six reverse stock split of the company's common stock at its annual meeting held on Nov. 21, 1996.
As a result of the reverse split, the issued and outstanding common stock of the company is reduced from 31,426,841 shares to 5,237,807 shares.
Imperial Petroleum Inc. is a diversified minerals, metals and energy company headquartered in Evansville.
CONTACT: Imperial Petroleum Inc., Evansville
Jeffrey T. Wilson, 918/494-9660
COPYRIGHT 1996 Business Wire
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