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Technology Stocks : Trident Microsystems (TRID) Reports Super Results

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To: Norrin Radd who started this subject11/11/2003 8:22:56 AM
From: Julius Wong   of 2056
 
Trident Microsystems sets 3-for-2 stock split

LOS ANGELES, Nov 5 (Reuters) - Trident Microsystems Inc. (NasdaqNM:TRID - News), a maker of integrated circuits, on Wednesday said its board has approved a three-for-two split of the company's outstanding shares of common stock.
The split, in the form of a 50 percent stock dividend, will be distributed Dec. 12 to stockholders of record as of the close of Nov. 26.

Following payment of the stock dividend, the Sunnyvale, California-based company said it will have approximately 22.4 million shares outstanding.
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