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Stock impact report

Tortoise Announces Completion of Reverse Stock Splits for Certain Closed-End Funds

Tortoise Energy Infrastructure Corporation (TYG) 
Company Research Source: Business Wire
LEAWOOD, KS--(BUSINESS WIRE)--Tortoise announced that the previously disclosed reverse stock splits, for closed-end funds TYG, NTG, TTP and NDP as outlined below, were executed today prior to the open of trading on the New York Stock Exchange (the “NYSE”). The funds’ common shares will begin trading on a split-adjusted basis under their current symbol, but with new CUSIP numbers, as listed below.SymbolFundReverse stock splitNew CUSIPTYGTortoise Energy Infrastructure Corp.1-for-489147L886NTGTortoise Midstream Energy Fund, Inc.1-for-1089148B200TTPTortoise Pipeline & Energy Fund, Inc.1-for-489148H207NDPTortoise Energy Independence Fund, Inc.1-for-889148K200As a result of the reverse stock splits, every four outstanding common shares of TYG were converted into one common share, every ten outstanding common shares of NTG were converted into one common share, every four outstanding common shares of TTP were converted into one common share, and every eight outstanding common shares of ND Show less Read more
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