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Tuesday, April 19, 2005

eBay To Double Authorized Shares

In a regulatory filing, eBay is looking to increase the number of authorized common shares of stock to 3.6 billion. Isn't that exciting? No? Okay, I agree.

It's basically just to allow them to do a 2:1 stock split sometime in the future.

2 comments:

Anonymous said...

They Better do something as there sales online have plumped the last 6 weeks to where users are making them money and selling very little but it will start showing the toll soon as sellers will get the idea that they are fighting a loosing battle and will start looking for other ways to sell...just a comment for those who know I told you so

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