team incs board of directors has approved a 1for10 reverse split of its common stock the split is scheduled to take effect at 5 pm et on dec21 the sugar land texasbased company said friday shares will begin trading on a splitadjusted basis when the market opens on dec 22 shareholders granted authority to the board to effect the stock split at a special meeting last month the company said team had 432 million shares outstanding as of thursday according to factset