|
|
Article: Norfolk Southern Announces Odd Lots Tender Offer.
- Article from:
- PR Newswire
- Article date:
- May 1, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NORFOLK, Va., May 1 /PRNewswire-FirstCall/ -- Norfolk Southern Corporation announced a voluntary offer to purchase shares of its common stock from stockholders who own fewer than 100 shares. The program expires May 30, 2006, unless extended or terminated earlier by Norfolk Southern.
Stockholders who accept the offer and tender their shares will be paid a per share price equal to the average of the high and low trading prices for Norfolk Southern common stock on the New York Stock Exchange on the date on which the transaction is processed. Stockholders who participate in the offer will not have to pay brokerage commissions, fees or other transaction costs.
...