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Article: Merix Corporation Announces Three-for-Two Stock Split.
- Article from:
- Business Wire
- Article date:
- July 31, 2000
CopyrightCOPYRIGHT 2000 Business Wire. 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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Business Editors
FOREST GROVE, Ore.--(BUSINESS WIRE)--July 31, 2000
Merix Corporation (Nasdaq:MERX) announced today that its Board of Directors has declared a three-for-two split of its common stock in the form of a stock dividend.
The stock dividend will be payable August 25, 2000 to shareholders of record on August 10, 2000. Shareholders will be issued one additional share for each two shares of common stock held on August 10th. After the stock split, approximately 13.5 million shares of the Company's stock will be outstanding. The Company will pay cash in lieu of fractional shares.
Mark Hollinger, Merix's President and CEO, ...