Neenah Paper Board Approves Reverse-Forward Stock Split
Neenah Paper, Inc. (NYSE:NP) (“Neenah Paper”) announced today that its Board of Directors approved a reverse/forward split of the issued and outstanding shares of Neenah Paper common stock. If approved by Neenah Paper stockholders, the reverse/forward split will consist of a 1-for-50 reverse split of common stock followed immediately by a 50-for-1 forward split of the common stock.