(Reuters) - Finning, which has operations in Canada, Britain and South America, said it will seek investor approval for the move at its annual shareholder meeting, scheduled for May 9. It added that if it's approved, it will be the fifth two-for-one stock split in the company's history.
"The decision to recommend a stock split reflects the profitable growth that Finning has experienced as well as the bright outlook for the future," Chief Executive Doug Whitehead said in a statement.
Read more at Reuters.com New Issues News
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