Barclays To Reverse Split The iPath S&P 500 VIX ST Futures ETN (VXX)

According to a recent filing, Barclays Bank PLC will reverse split the iPath S&P 500 VIX ST Futures ETN (NYSEArca:VXX) on October 5, 2012. In the reverse split, the outstanding shares of the Issue will be will be exchanged for new shares of the Issue in the ratio of 1:4.

Open orders at the close of business on October 4, 2012 in the Fund will be canceled. The new shares of the Issue will be admitted to trading at the opening of business on October 5, 2012. On October 5th, the Issue will have a new CUSIP as indicated below. The ticker symbol and underlying index will not be changed.

Symbol Issue Ratio Current CUSIP New CUSIP
VXX iPath S&P VIX Short-Term Futures ETN due January 30, 2019 1:4 Reverse Split 06740C261 06740C188

Leave a Reply

Your email address will not be published. Required fields are marked *