Lumen technology stock1/1/2023 These forward-looking statements are not guarantees of future results and are based on current expectations only, are inherently speculative, and are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. back to topĮxcept for historical and factual information, the matters set forth in this presentation and other of our oral or written statements identified by words such as “estimates,” “expects,” “anticipates,” “believes,” “plans,” “intends,” “will,” and similar expressions are forward-looking statements as defined by the federal securities laws, and are subject to the “safe harbor” protections thereunder. The reverse stock split automatically combined every 15 shares of issued and outstanding Level 3 common stock into one (1) share of Level 3 common stock without any change in the par value per share. On October 20, 2011, in conjunction with its listing on the NYSE, Level 3 implemented a 1-for-15 reverse stock split of its common stock. The stock (LVLT) began trading on Nasdaq at the adjusted price for the dividend distribution on August 10, 1998. On July 20, 1998, the Board of Directors of Level 3 Communications declared a one-for-one stock split payable to stockholder of record as of July 30, 1998. Each Class D stockholder received five shares for each share held on the record date. This split took place while the stock was still registered as Kiewit Diversified, Inc. The first stock split was effective to stockholders of record as of December 26, 1997. The company has declared two separate stock splits and one reverse stock split since 1997.
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