BNET Business Dictionary

Business Definition for: Stock Split

  • a proportional issue of free stocks to existing owners of a company's stock.
  • Also known as Share Split
  • U.K. term Scrip Issue

Additional Resources

QLogic Split - stock split - Company Financial Information - Brief Article
QLogic Corp., a player in the input/output industry, announced that its board of directors ratified a proposed two for one stock split of the company's issued and outstanding common stock. The stock split will be effective on Feb. 15. QLogic anticipates that stock certificates representing each stockholder's post-split additional shares...
Tags: stock, stock split
Research articles 1999-02-08
BSQUARE Announces Reverse Stock Split
BELLEVUE, Wash. -- BSQUARE (Nasdaq:BSQR), a leading provider of smart device solutions, announced today that its Board of Directors has approved a one-for-four reverse stock split of BSQUARE's common stock. The reverse stock split will be effective after the close of trading on Thursday, October 6, 2005, and BSQUARE's common...
Tags: common stock, stock, stock split
Research articles 2005-10-06
Novoste to Implement 1-for-4 Reverse Stock Split to Avoid Nasdaq Delisting
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today that its board of directors has approved a one-for-four reverse stock split of Novoste's common stock. The reverse stock split will be effective as of 12:01 a.m. Eastern Standard Time on Friday, November 4, 2005, and Novoste's common stock will begin...
Tags: FINANCE, Investment, Nasdaq Stock Market Inc., stock
Research articles 2005-10-25
Syscan Announces Intent to Seek 30 to 1 Reverse Stock Split
Syscan International Inc. (the "Corporation") (TSX VENTURE: SYA) announced today that its Board has voted to seek shareholder approval for a reverse stock split and established a ratio of 1-for 30. A shareholder meeting will be called to vote on the proposed reverse split. As a result of the...
Tags: Syscan Inc.
Research articles 2008-07-22
Alloy Implements One-for-Four Reverse Stock Split
NEW YORK -- Alloy, Inc. ("Alloy") (NASDAQ: ALOY/ ALOYD) announced that, effective as of today, it will implement a shareholder approved one-for-four reverse stock split. Such reverse stock split affects all outstanding shares held as of the close of trading on Tuesday, January 31, 2006, and Alloy's common stock will...
Tags: Alloy, stock, stock split
Research articles 2006-02-01
Celsion Announces 1-for-15 Reverse Stock Split; Stockholder-Approved Split Designed to Improve Capital Structure; Split-Adjusted Trading to Begin on February 28, 2006
COLUMBIA, Md. -- Celsion Corporation (AMEX:CLN) today announced that its Board of Directors has authorized a one-for-fifteen reverse split of its common stock, which was approved by Celsion stockholders at the Annual Meeting of Stockholders on May 19, 2005. This reverse stock split is being executed as part of Celsion's...
Tags: capital structure
Research articles 2006-02-27
Franklin Capital Corporation Changes Terms of Proposed Two-for-One Stock Split; Will Now Seek Stockholder Approval to Effect a Three-for-One Stock Split of Its Common Stock
SANTA MONICA, Calif. -- Franklin Capital Corporation (AMEX: FKL) announced today that its Board of Directors unanimously approved a change to the terms of the proposed stock split previously announced on January 4, 2005 and determined to seek stockholder approval at its upcoming annual meeting of stockholders to effect a...
Tags: FINANCE, Investment, SEC, stock
Research articles 2005-02-07
StrataCom announces a two-for-one stock split
SAN JOSE, Calif.--BUSINESS WIRE--Nov. 17, 1994--StrataCom Inc. (NASDAQ: STRM) Thursday announced that its board of directors has approved a two-for-one split of its common stock. All common stockholders of record as of Dec. 1, 1994, shall be entitled to participate in this split. The stock split...
Tags: Stratacom Inc.
Research articles 1994-11-17
StrataCom Announces a Two-For-One Stock Split
SAN JOSE, Calif.--BUSINESS WIRE--Jan. 18, 1996--StrataCom, Inc. (NASDAQ: STRM) today announced that its Board of Directors has approved a two-for-one split of its common stock.All common stockholders of record as of February 1, 1996 shall be entitled to participate in this split. The stock split is payable by...
Tags: Stratacom Inc.
Research articles 1996-01-18
Vignette Announces Shareholder Approval of Reverse Stock Split; One-For-Ten Reverse Stock Split to Take Effect on June 10
AUSTIN, Texas -- Vignette Corp. (NASDAQ:VIGN) today announced that its shareholders approved an Amendment to Vignette's Amended and Restated Certificate of Incorporation to effect a one-for-ten reverse stock split during its annual shareholder meeting on Friday, May 27. The reverse split will take effect upon the close of markets on...
Tags: shareholder, stock, Vignette Corp.
Research articles 2005-05-31
Kronos Announces Three-For-Two Stock Split
WALTHAM, Mass.--BUSINESS WIRE--Feb. 8, 1999--Kronos Incorporated (Nasdaq:KRON) today announced that its Board of Directors has declared a three-for-two split of the shares of the Company's common stock. The stock split will be effected by means of a 50 percent stock dividend to be distributed on March 9, 1999 to stockholders...
Tags: Company, Kronos Inc., stock, stock split
Research articles 1999-02-08
Stage Stores Announces 3-for-2 Stock Split, a $50 Million Stock Repurchase Program and Provides Preliminary FY 2007 Sales and EPS Forecasts on a Post-Split Basis
Quarterly Dividend To Be Maintained at $0.05 Per Share After Stock Split Increasing Yield By 50%; Forecasts FY 2007 EPS Growth of Approximately 20% HOUSTON -- Stage Stores, Inc. (NYSE:SSI) announced today that its Board of Directors has approved a 3-for-2 split of the Company's common stock, and...
Tags: Company, dividend, FINANCE, Investment, SEC, stock
Research articles 2007-01-09
International Barter Corp Announces 2-For-1 Stock Split
SEATTLE--BUSINESS WIRE--July 9, 1998--Steven White, President and CEO of International Barter Corp. IBC (OTC:IBCX) announced today that its Board of Directors has approved a 2-for-1 stock split payable to shareholders of record as of the close of business on July 24, 1998.Each outstanding share of IBC Common Stock will be...
Tags: Business Wire, FINANCE, Investment, stock
Research articles 1998-07-09
EchoStar announces stock split.
EchoStar Communications Corp. plans to conduct a 2-for-1 stock split on July 1. Shareholders of record as of the close of business July 1 will be entitled to one additional share of common stock for each share owned. The split will increase ... EchoStar...
Tags: EchoStar Communications Corp., stock, stock split
Research articles 1999-05-31
Spectrum Laboratories, Inc. Announces Consummation of Reverse Stock Split and Going Private Transaction
RANCHO DOMINGUEZ, Calif. -- Spectrum Laboratories, Inc. (OTCBB:SPTME) (the "Company") announced today that it has filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware to consummate a 1-for-25,000 reverse split of the Company's common stock (the "Reverse Stock Split")....
Tags: Company, SEC
Research articles 2005-11-29
State Bancorp, Inc. Declares 6 for 5 Stock Split; Declares Quarterly Cash Dividend of $0.15
JERICHO, N.Y. -- The Board of Directors of State Bancorp, Inc., parent company of State Bank of Long Island, declared a 6 for 5 stock split and a quarterly cash dividend of $0.15 per share at their May 24, 2005 meeting. The stock split and cash dividends will each be...
Tags: dividend, stock, stock split
Research articles 2005-05-25
Palm board approves 1 for 20 reverse stock split. (News).
MILPITAS, Calif.--Palm Inc. announced its board of directors approved a t for 20 reverse stock split. "The decision made by Palm's Board of Directors to complete the planned reverse stock split in October 2002 is timely," said Eric ... MILPITAS, Calif.--Palm Inc. announced its...
Tags: board, Palm Inc., stock, stock split
Research articles 2002-10-07
Lynx Announces 1-for-2 Reverse Stock Split; Reverse Stock Split to Facilitate Post Business Combination New NASDAQ SmallCap Market Listing
HAYWARD, Calif. -- Lynx Therapeutics, Inc. (Nasdaq:LYNX) today announced that the Company's board of directors has approved a 1-for-2 reverse split of its common stock, following approval to effect a reverse stock split by stockholders on March 1, 2005 at the Company's 2004 annual meeting. Lynx Therapeutics' common stock will...
Tags: Nasdaq Stock Market Inc.
Research articles 2005-03-03
Molson Coors Announces Two-for-One Stock Split and Quarterly Cash Dividend
Molson Coors Brewing Company (TSX: TAP) (NYSE: TAP) today announced that its Board of Directors approved a two-for-one split of the Company's outstanding Class A and Class B common shares. The stock split will be implemented in the form of a 100 percent stock dividend payable to shareholders of record...
Tags: dividend, FINANCE, Investment, Molson Coors Brewing Co., stock
Research articles 2007-08-02
Integrated Systems announces stock split; two-for-one split to be effective March 18, 1996
SANTA CLARA, Calif.--BUSINESS WIRE--March 5, 1996--Integrated Systems Inc. (NASDAQ: INTS) today announced that its board of directors has approved a two-for-one split of its common stock effective March 18, 1996. Following the split, Integrated Systems will have approximately 21 million shares outstanding.Stock certificates for the additional shares, pursuant to...
Tags: Business Wire, software, split, stock
Research articles 1996-03-05
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