Kinetik Holdings (KNTK) Announces 2:1 Stock Split

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Kinetik Announces Two-For-One Split of its Common Stock

May 19, 2022 4:05 PM EDT

HOUSTON and MIDLAND, Texas, May 19, 2022 (GLOBE NEWSWIRE) -- Kinetik Holdings Inc. (NASDAQ: KNTK) (Kinetik or the Company) today announced that the Board of Directors has approved and declared a two-for-one split of the Companys Common Stock in the form of a stock dividend (Stock Split).

The Company anticipates that the Stock Split will increase liquidity in the trading of the Companys stock and will make its stock more accessible to its employees and investors.

The Stock Split will be accomplished by... More