Arlington Asset Investment Corp. (AI) Announces 1-for-20 Reverse Stock Split
Arlington Asset Investment Corp. (NYSE: AI) announced that its Board of Directors determined to effect a 1-for-20 reverse split of its Class A and Class B common stock, pursuant to previously obtained shareholder authorization. The reverse stock split will be effective at 5:00 pm, Eastern Time, on Tuesday October 6, 2009.
The Company's common stock will begin trading on the New York Stock Exchange on a split adjusted basis when the market opens on October 7, 2009 under its existing symbol "AI".
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