Ericsson's Board of Directors proposes a reverse split 1:5 of the company's shares
...reverse split 1:5, implying that five A shares and five B shares respectively will be consolidated into one A share and one B share respectively
As a result of the rights issue in 2002, the number of shares in the company increased from approximately 8 billion shares to more than 16 billion shares. Further, the ratio between the B share and...
