Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II to Implement Reverse Stock Split Next Week

MT Newswires Live

2025/02/04

Virtus Convertible & Income Fund (NCV) and Virtus Convertible & Income Fund II (NCZ) said late Monday that they will implement a 1-for-4 reverse split of their respective common shares, effective Feb. 10.

The companies said the splits are meant to lead to a higher per-share market price for their shares.

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Income Fund (NCV) and Virtus Convertible &amp; Income Fund II (NCZ) said late Monday that they will implement a 1-for-4 reverse split of their respective common shares, effective Feb. 10.</p><p>The companies said the splits are meant to lead to a higher per-share market price for their shares.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NCZ.AU","symbol_name":"New Century Resources","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2508179496","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508179496","pubTimestamp":1738622503,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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