Plains All American Pipeline (PAA) Approves 2-for-1 Stock Split

August 16, 2012 4:11 PM EDT
Plains All American Pipeline, L.P. (NYSE: PAA) has approved a two-for-one split of the Partnership’s common units.

The two-for-one unit split will be effected on October 1, 2012, by a distribution of one additional common unit for each common unit outstanding and held by unitholders of record at the close of business on September 17, 2012. As of August 15, 2012, PAA had 163,956,898 common units outstanding.

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