	spartech sptn reverse stock split approved spartech corp said shareholders at the annual meeting approved a reverse stock split of the common stock on a one for five basis the company said the split was necessary in preparation for an offering of mln dlrs in convertible subordinated debentures expected to be made soon through kidder peabody and co it said the new common stock will begin trading april under the symbol sptnd separately spartech said its board appointed bradley buechler as president filling a vacancy it said lawrence powers remains as chairman buechler prior to his promotion was executive vice president and chief operating officer he will retain his duties as chief operating officer reuter 
