TARR: Tarragon Realty Investors Message Board

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Strategies & Market Trends : TARR: Tarragon Realty Investors

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From: JakeStraw	1/11/2005 12:05:52 PM
	of 29

Tarragon Sets 3-For-2 Stock Split biz.yahoo.com Tuesday January 11, 9:17 am ET Tarragon Plans 3-For-2 Stock Split Following Recent Run-Up in Stock Price NEW YORK (AP) -- Property development and management company Tarragon Corp. said Tuesday it plans to split its stock 3-for-2 following the recent run-up in the company's stock price. The split, to be paid in the form of a stock dividend, is effective Feb. 10 for shareholders of record Feb. 1. Shares outstanding will increase to 23 million from 15.3 million. Tarragon shares closed Monday at $23.80, near their 52-week high of $24.01, and up 91 percent from a low of $12.44 reached on Sept. 23.

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