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Strategies & Market Trends : CYTC - How High Can It Go!

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To: Jack Hartmann who wrote (156)12/30/1999 8:34:00 AM
From: Dorine Essey   of 185
 
Cytyc Corp. sets 2-for-1 stock split

NEW YORK, Dec 29 (Reuters) - Medical diagnostic systems
maker Cytyc Corp. CYTC.O said on Wednesday its board of
directors approved a two-for-one stock split of the company's
common shares.
Shareholders of record as of Jan. 14 will be paid an
additional share of Cytyc common stock for each share they own.
The shares will distributed on or about Jan. 28, the company
said in a statement.
Boxborough, Mass.,-based Cytyc said it will have about 36
million common shares outstanding after the split.
Cytyc's shares were trading up 4-7/16 at 60-1/2 on
Wednesday afternoon on the Nasdaq stock market.

REUTERS
Rtr 15:38 12-29-99
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