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Article: CAMBREX CORPORATION ANNOUNCES STOCK SPLIT
- Article from:
- PR Newswire
- Article date:
- June 21, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RUTHERFORD, N.J., June 21 /PRNewswire/ -- Cambrex Corporation (AMEX: CBM), announced that its Board of Directors have authorized a 3-for-2 stock split for holders as of July 8, 1996. Shareholders of record as of that day will receive a dividend of one new share for each two shares held, payable on July 24, 1996. They further indicated their intent to maintain the annual dividend at 20 cents per share after the split.
Jim Mack, Cambrex CEO commented, "These actions reflect our continued confidence in the company's future and our commitment to ...