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Stock Split History

Declared Ex-Date Record Payable Amount Type
Jun 27, 2007 Jun 27, 2007 Jun 27, 2007 Jun 27, 2007   100 for 1 Stock Split
Jun 26, 2007 Jun 27, 2007 Jun 27, 2007 Jun 27, 2007   1 for 100 Stock Split
Nov 29, 2000 Dec 22, 2000 Dec 11, 2000 Dec 21, 2000   Stock split on increased shares
Feb 17, 2000 Mar 15, 2000 Feb 28, 2000 Mar 14, 2000   Stock split on increased shares
Sep 30, 1999 Dec 3, 1999 Nov 18, 1999 Dec 2, 1999   2 for 1 Stock Split

*Effective June 26, 2007, the Company implemented a 1-for-100 reverse stock split (the "Reverse Split") immediately followed by a 100-for-1 forward stock split of the Company's Common Stock (together with the Reverse Split, the "Reverse/Forward Split") by filing amendments to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware. For stockholders that held less than 100 shares of common stock prior to the Reverse Split, shares of common stock that would have been converted into less than one share in the Reverse Split were instead converted into the right to receive a cash payment equal to $8.44 per share, an amount equal to the average of the closing prices per share of common stock on the NASDAQ Global Select Market for the period of ten consecutive trading days ending on (and including) the effective date. For stockholders that held 100 or more shares of common stock in their account prior to the Reverse Split, any fractional share in such account resulting from the Reverse Split were not cashed out and the total number of shares held by such stockholder did not change as a result of the Reverse/Forward Split. A total of approximately 2.5 million shares of the Company's common stock were cashed out into an aggregate of approximately $21.0 million as a result of the Reverse/Forward Split.

 

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