Popular Inc. announced Wednesday that the 1-for-10 reverse split of its common stock, $0.01 par value per share, became effective Tuesday. Banco Popular de Puerto Rico's parent company's common stock is now trading on a split-adjusted basis.
Popular Inc. announced Monday that its stockholders approved a proposed 1-for-10 reverse split of its common stock, which is expected to become effective May 29.
Evertec Inc. last week announced changes in leadership as it finalizes its transition to a stand-alone company, independent from Popular Inc.