Catamaran Corp. (CTRX) Declares Dividend, Approves Two-for-One Stock Split
Tweet Send to a Friend
Down)
Catamaran Corporation (Nasdaq: CTRX) reports that its board of directors has declared a nominal dividend on the issued and outstanding common shares of the Company to effect a two-for-one stock split. Shareholders of record at the close of business on September 20, 2012 will be issued one additional common share for each share owned as of that date. The additional common shares will be distributed on October 1, 2012.
The common shares of the Company are expected to start trading on an ex-dividend basis on the NASDAQ Stock Market and the Toronto Stock Exchange at market opening on October 2, 2012. The common shares of the Company are expected to trade on a "due bill" basis on NASDAQ and the TSX between market opening on September 18, 2012 and market closing on October 1, 2012. The stock split will increase the number of Catamaran common shares outstanding from approximately 102.5 million shares to approximately 205.0 million shares.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The common shares of the Company are expected to start trading on an ex-dividend basis on the NASDAQ Stock Market and the Toronto Stock Exchange at market opening on October 2, 2012. The common shares of the Company are expected to trade on a "due bill" basis on NASDAQ and the TSX between market opening on September 18, 2012 and market closing on October 1, 2012. The stock split will increase the number of Catamaran common shares outstanding from approximately 102.5 million shares to approximately 205.0 million shares.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- NetApp (NTAP) Tops Q4 EPS by 1c; Boosts Buyback, Plans Job Cuts, Initiates Dividend
- Kilroy Realty Corp. (KRC) Declares $0.35 Quarterly Dividend; 2.4% Yield
- Eagle Materials, Inc. (EXP) Declares $0.10 Quarterly Dividend; 0.5% Yield
Create E-mail Alert Related Categories
Dividends, Stock SplitsRelated Entities
Dividend
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
