Quotesmith.com shareholders approved Monday an amendment to the company’s Restated Certificate of Incorporation to effect a 3:1 reverse stock split of the company’s common stock.
The company’s board of directors has adopted a resolution to implement the 3:1 reverse stock split, which will become effective as of March 7, 2001. A “D” will accompany the company’s ticker symbol for twenty consecutive trading days after the effective date.
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