Due to a declining stock price and the possibility of being

Due to a declining stock price and the possibility of being delisted from an exchange, Hubbell corporation undergoes a reverse 7 to 1 stock split. If Hubbell initially has 260 shares, how many shares does Hubbell have now?

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Amount Existing shares 260.00 Reverse Stock Split 7 to 1 Shares Hubbell have now = 260/7 37.14