Tortoise Announces Reverse Stock Splits for Certain Closed-End Funds
Tortoise Energy Infrastructure Corporation (TYG)
US:NYSE Investor Relations:
closedendfunds.tortoiseadvisors.com/tyg/overview
Company Research
Source: Business Wire
LEAWOOD, KS--(BUSINESS WIRE)--Tortoise announced that the funds’ Board of Directors has approved reverse stock splits for TYG, NTG, TTP and NDP as outlined below. The funds anticipate completing the reverse stock splits prior to the open of trading on the New York Stock Exchange (the “NYSE”) on May 1, 2020 for common stockholders of record as of the close of business on April 30, 2020.The funds’ common shares are expected to begin trading on a split-adjusted basis when the market opens on May 1, 2020. Common shares of TYG, NTG, TTP and NDP will continue to trade on the NYSE under their current symbol, but will trade under new CUSIP numbers, as listed below.SymbolFundReverse stock splitOld CUSIPNew CUSIPTYGTortoise Energy Infrastructure Corp.1-for-489147L10089147L886NTGTortoise Midstream Energy Fund, Inc.1-for-1089148B10189148B200TTPTortoise Pipeline & Energy Fund, Inc.1-for-489148H10889148H207NDPTortoise Energy Independence Fund, Inc.1-for-889148K10189148K200As a result of the rev
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News
- Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of November 29, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAFAccesswire
- Tortoise Capital Announces 2024 Estimated Capital Gain Distributions for its Open End Mutual Funds [Yahoo! Finance]Yahoo! Finance
- Tortoise Capital Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of October 31, 2024, for TYG, NTG, TTP, NDP, TPZ and TEAF [Yahoo! Finance]Yahoo! Finance
- TYG: Continuing Its Strong Recent Track Record [Seeking Alpha]Seeking Alpha
TYG
Sec Filings
- 12/20/24 - Form 4
- 11/25/24 - Form 425
- 11/25/24 - Form 8-K
- TYG's page on the SEC website