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Neenah Inc. NP

Neenah Inc produces and sells a variety of paper and performance-based technical products. The company reportable segments include Technical Products which sells filtration products used to filter air, fuel, water, and oil in automobiles. It's Fine Paper and Packaging, sells paper for writing, specialty paper, and envelopes used in corporate-branded paper materials, labels, and packaging. The company generates maximum revenue from Technical product segment. Geographically, it operates in North America, Spain, Germany and Rest of Europe.


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Post by SurajKGuptaon Mar 16, 2008 4:25pm
317 Views
Post# 14728904

Reverse Forward Stock Split

Reverse Forward Stock SplitNeenah Paper Inc. is actually making a pretty decent move to reduce it's shareholder related expenses.  Neenah has proposed (and it's shareholders agreed) to hold a 50 for 1 reverse stock split immediately followed by a 1 for 50 stock split.  I believe any uneven numbers of shares not in lots of 50 will receive the correct incremental payment and make managing shareholders a great deal easier for Neenah.  Although this move will prove to be substantial short-term work for them, this is a logical move that can definitly help them out in the long run.
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