RE: OUTSTANDING SHARES ??Hey Hound!
Just to clear up the confusion, what BNK is implementing is called a split-up -A corporate action in which a single company splits into two or more separately run companies.
It is not a reverse stock split- where there is a reduction in the number of a corporation's shares outstanding, and increasing the par value of the shares. The market cap will stay the same.
Encana has just declared that they are splitting-up. Long BNK and not advice for you to buy or sell. Good Luck
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PoonMan!