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Article: Cox Radio Announces 3-For-1 Stock Split.
- Article from:
- PR Newswire
- Article date:
- February 7, 2000
CopyrightCOPYRIGHT 2000 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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ATLANTA, Feb. 7 /PRNewswire/ -- Cox Radio, Inc., (NYSE: CXR) announced today that its Board of Directors has approved a three-for-one stock split. The record date of the stock split will be May 12, 2000. Stockholders will vote on the proposed stock split at Cox Radio's Annual Meeting on May 11, 2000, and Cox Radio expects to file amendments to its Articles of Incorporation giving effect to the stock split on May 12, 2000. Distribution of the new shares, will occur on May 19, 2000 by book-entry or, if requested, by mailing of physical stock certificates.
"We have made significant strides in implementing our strategy to grow Cox Radio through operational excellence ...