Stock Trading

Finisar Corporation Announces Reverse Stock Split
Sep 10, 2009 4:00:00 PM




View Additional ProfilesSUNNYVALE, CA -- (MARKET WIRE) -- 09/10/09 -- Finisar Corporation (NASDAQ: FNSR), a global technology leader for fiber optic subsystems and components for communication applications, today announced that its Board of Directors has approved a 1-for-8 reverse split of its common stock, pursuant to previously obtained stockholder authorization. The reverse stock split will be effective at 4:30 pm, Eastern Time, on Friday, September 25, 2009. Finisar's common stock will begin trading on NASDAQ on a split adjusted basis when the market opens on September 28, 2009, under the temporary trading symbol "FNSRD." The trading symbol will revert to "FNSR" after approximately twenty trading days.