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Pier 1 Imports, Inc. Announces One-for-Twenty Reverse Stock Split

Business Wire Wednesday, 19 June 2019
Pier 1 Imports, Inc. Announces One-for-Twenty Reverse Stock SplitFORT WORTH, Texas--(BUSINESS WIRE)--Pier 1 Imports, Inc. (NYSE:PIR) today announced that at its 2019 annual meeting of shareholders held on June 19, 2019, Pier 1’s shareholders approved a proposal authorizing the Company’s Board of Directors to effect a reverse stock split at a ratio of 1-for-5, 1-for-10 or 1-for-20, and to reduce the number of authorized shares of common stock by a corresponding ratio, at any time prior to the Company’s annual meeting of shareholders to be held in 2020, as det
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