Lee Enterprises (LEE) to Convert Class B Shares into Common Stock
Tweet
Share
E-mailGet Alerts LEE Hot Sheet
Join SI Premium – FREE
Lee Enterprises, Incorporated (NYSE: LEE) to convert all outstanding shares of its Class B Common Stock to its Common Stock.
As a result, effective immediately, all stockholders will have one vote per share on all future matters. Class B shares formerly had 10 votes per share.
The combined number of outstanding shares of the two classes is not affected. As of March 31, 2011, 44.9 million total shares were outstanding.
As a result, effective immediately, all stockholders will have one vote per share on all future matters. Class B shares formerly had 10 votes per share.
The combined number of outstanding shares of the two classes is not affected. As of March 31, 2011, 44.9 million total shares were outstanding.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boeing names Ryan Shedd as new SVP and controller
- Denarius Metals acquires 15% stake in Copper Giant, Trafigura invests
- BIGG Digital Assets to rename as Surge Digital, consolidate shares
Create E-mail Alert Related Categories
Corporate NewsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
