other material
confidence high
sentiment neutral
materiality 0.55
UNG announces 1-for-4 reverse share split effective Jan 23, 2024
United States Natural Gas Fund, LP
- 1-for-4 reverse share split effective after market close Jan 23, 2024; post-split trading begins Jan 24.
- Ticker UNG unchanged; new CUSIP 912318 409.
- No fractional shares; shareholders receive cash in lieu; may trigger taxable gains for some.
- Goal: increase marketability of UNG shares.