Forum energy technologies, inc. announces reverse stock split

Houston--(business wire)--forum energy technologies, inc. (nyse: fet) (“forum” or the “company”) announced today that its board of directors has approved a 1-for-20 reverse stock split of the company's issued and outstanding shares of common stock, par value $0.01 per share, accompanied by a corresponding decrease in the company's authorized shares of common stock (the “reverse stock split”), such that, following the consummation of the reverse stock split, the number of authorized shares of co
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