Comcast To Eliminate Class of Publicly Traded Stock
Comcast's board approved reclassifying each share of Class A special common stock into a share of Class A common stock, the company said Monday. The reclassification needs shareholder approval. The move will help eliminate investor confusion that comes with having…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
two classes of publicly traded stock and improve the stock's trading liquidity, said the operator. Shareholders of record as of Oct. 20 will be entitled to vote on the matter.