OREANDA-NEWS. December 14, 2015.
Comcast Corporation announced that at its special meeting of
shareholders today in
Philadelphia, holders of its Class A Common Stock
and Class A Special Common Stock, each voting separately as a class, and
Class A Common Stock and Class B Common Stock, voting together as a
single class, approved the Company's proposal to amend and restate its
Amended and Restated Articles of Incorporation in order to reclassify
each share of
Comcast Class A Special Common Stock (Nasdaq: CMCSK) into
one share of
Comcast Class A Common Stock (Nasdaq: CMCSA).
Effective as of 5:00 PM (EST) on December 11, 2015, each share of
Comcast's Class A Special Common Stock will be reclassified into one
share of Comcast's Class A Common Stock, and the Class A Special Common
Stock will cease trading on Nasdaq. Comcast's Class A Common Stock,
including the new shares of Class A Common Stock into which the shares
of Class A Special Common Stock were reclassified, will continue to
trade on Nasdaq under the ticker symbol CMCSA.
ABOUT COMCAST CORPORATION
Comcast Corporation (Nasdaq: CMCSA, CMCSK) is a global media and
technology company with two primary businesses, Comcast Cable and
NBCUniversal. Comcast Cable is one of the nation's largest video,
high-speed Internet and phone providers to residential customers under
the XFINITY brand and also provides these services to businesses.
NBCUniversal operates news, entertainment and sports cable networks, the
NBC and Telemundo broadcast networks, television production operations,
television station groups, Universal Pictures and Universal Parks and
Resorts.
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