Printer Friendly

REGENEX SHARES TO TRADE PURSUANT TO 1-TO-4 REVERSE STOCK SPLIT

 REGENEX SHARES TO TRADE PURSUANT TO 1-TO-4 REVERSE STOCK SPLIT
 DES PLAINES, Ill., Feb. 27 /PRNewswire/ -- Effective Friday, Feb. 28, new Regenex (NASDAQ: RGNX) shares will be trading pursuant to a 1-to-4 reverse stock split. The total number of outstanding shares is reduced from 5,103,340 to 1,275,835.
 Regenex recycles ethylene glycol derived primarily from the polyester industry and sells the product into industrial markets and for antifreeze compounding.
 The company is building a pilot plant estimated to be completed in May 1992. The plant will demonstrate Regenex proprietary technology for recycling all types of PET (beverage containers, X-ray and graphic arts film, clothing and rug fiber) to create dimethyl terephthalate (DMT) and ethylene glycol (EG) on a commercially viable basis.
 -0- 2/27/92
 /CONTACT: Curtis Appel of Regenex, 708-803-0790/
 (RGNX) CO: Regenex Inc. ST: Illinois IN: CHM SU:


CK -- NY049 -- 3266 02/27/92 12:17 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 27, 1992
Words:152
Previous Article:ISRAEL'S NATIONAL AIRLINE BEGINS SERVICE FROM BALTIMORE/WASHINGTON INTERNATIONAL AIRPORT THIS JUNE
Next Article:MTBE PLANT TO BE BUILT AT WOOD RIVER MANUFACTURING COMPLEX
Topics:


Related Articles
REGENEX DECLARES ONE FOR FOUR REVERSE STOCK SPLIT
REGENEX, INC. SHARES TO BEGIN TRADING MARCH 2
THE PHOENIX RESOURCE COMPANIES ANNOUNCE 1-FOR-10 REVERSE STOCK SPLIT
REGENEX ANNOUNCES FORMATION OF STRATEGIC JOINT VENTURE, AGREEMENT TO DEVELOP PROPRIETARY TECHNOLOGY AND FINANCIAL INVESTMENT
COSMO COMMUNICATIONS EFFECTS ONE-FOR-FIVE REVERSE STOCK SPLIT
SOLO SERVE CORPORATION ANNOUNCES REVERSE STOCK SPLIT, NEW TRADING SYMBOL, ISSUANCE OF PREFERRED STOCK
PSA, INC. Announces Change of Trading Symbol in Connection With Its Reverse Stock Split and New CUSIP Number.
Envirogen Board Approves Reverse Stock Split.
Nerox Announces a Reverse Split.
Irvine Sensors Announces Reverse Stock Split to be Effective Before Open of Market on August 27, 2008.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters