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Article: SUMMIT ANNOUNCES 3-FOR-2 STOCK SPLIT
- Article from:
- The Record (Bergen County, NJ)
- Article date:
- August 21, 1997
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The Record (Bergen County, NJ)
08-21-1997
SUMMIT ANNOUNCES 3-FOR-2 STOCK SPLIT
Date: 08-21-1997, Thursday
Section: BUSINESS
Edition: All Editions -- 5 Star, 4 Star, 3 Star, 2 Star, 1 Star
Column: NEW JERSEY REPORT
PRINCETON -- Summit Bancorp on Wednesday announced a 3-for-2 stock split and
will increase its dividend 12.5 percent. The Princeton-based bank said
the split is payable Sept. 24 to shareholders of record Sept. 3. The
company will have about 175 million shares outstanding after the split.
Summit will increase its dividend, on a post-split ...