TheStreet, Inc. (TST) Declares $1.77 Special Dividend, Yielding 77%; Announces 1-for-10 Reverse Stock Split

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Go back to TheStreet, Inc. (TST) Declares $1.77 Special Dividend, Yielding 77%; Announces 1-for-10 Reverse Stock Split

TheStreet Announces Distribution to Stockholders

April 3, 2019 4:05 PM EDT

NEW YORK, April 3, 2019 /PRNewswire/ -- TheStreet, Inc. (Nasdaq: TST) a leading financial news and information company, today announced that its Board of Directors has declared a special cash distribution in the amount of approximately $94.3 million or $1.77 per share. In connection with the distribution, the Board of Directors has approved a 1-for-10 reverse stock split of TheStreet's common stock.

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