US food and beverage giant Dean Foods has announced that its board of directors has declared a two-for-one split of its common stock. The split will entitle shareholders of record on 8 April 2002 to receive one additional share of common stock for each share held on that date. The split will be effected on 24 April 2002. As a result of the split, the total number of shares of common stock outstanding will increase from approximately 44.4 million to approximately 88.8 million.
The split will entitle shareholders of record on 8 April 2002 to receive one additional share of common stock for each share held on that date.
The split will be effected on 24 April 2002. As a result of the split, the total number of shares of common stock outstanding will increase from approximately 44.4 million to approximately 88.8 million.
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