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Rite Aid Corp
Rite Aid cuts 95% of outstanding shares to hit NYSE minimum
Rite Aid will chop its share count by about 95% in a bid to push the remaining shares above minimum trading requirements on the New York Stock Exchange.The board of the struggling drugstore chain approved a 1-for-20 ratio for a ...
Rite Aid gets OK for plan to boost flagging stock price
Rite Aid shareholders have backed a plan to lift the struggling drugstore chain's stock price and keep it from being kicked off the New York Stock Exchange.Stock owners approved on Thursday a reverse split of the company's stock that aims ...
A board reshuffle at Rite Aid after 2 failed merger attempts
After two failed buyouts, Rite Aid is shuffling its board of directors and dividing power at the top of the drugstore chain.Rite Aid said Thursday that three new, independent directors will be nominated to its board and that CEO John ...
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