Caldera Shareholders Approve Reverse Stock Split Proposal; Initiative to Go Into Effect March 14.Business Editors OREM, Utah--(BUSINESS WIRE)--March 7, 2002 Caldera caldera: see crater. caldera Large, bowl-shaped volcanic depression that forms when the top of a volcanic cone collapses into the space left after magma is ejected during a violent volcanic eruption. The term is Spanish for “caldron. International Inc. (Nasdaq: CALD CALD chronic active liver disease. ) Thursday reported that the company's shareholders approved a proposal effecting a one-for-four reverse split of the company's common stock. The reverse split will be effective prior to the opening of business on Thursday, March 14, 2002, and the company's new common stock will begin trading on a post-split basis when the market opens on that day. Prior to effecting the reverse split, there are 57,491,440 shares outstanding; following the reverse split, there will be 14,372,860 shares outstanding, subject to rounding for fractional shares Fractional share Stocks amounting to less than one full share, usually resulting from splits, acquisitions, exchanges, or dividend reinvestment programs. fractional share Less than one share of stock, that is, one-third or one-half a share. . Caldera International Inc. Caldera International provides "Powerful Choices" for businesses through its UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , Linux and Volution product lines and services. Based in Orem, Caldera has representation in 82 countries and 16,000+ resellers worldwide. Caldera Global Services provides reliable localized Translated into the spoken language of the country. See localization. support and services to partners and customers. For more information on Caldera products and services, visit http://www.caldera.com. |
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