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.
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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.
