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Technology Stocks : Compaq

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To: Night Writer who wrote (11089)12/12/1997 1:13:00 PM
From: William Hunt  Read Replies (2) of 97611
 
Dow Jones Newswires -- December 12, 1997

Compaq Holders OK Authorized-Share Boost For 2-For-1 Split

HOUSTON (Dow Jones)--Compaq Computer Corp. (CPQ) shareholders approved an increase in authorized common shares, allowing the company to execute a 2-for-1 split appproved by the board in October.

In a press release Friday, the company said shareholders of record Dec. 31 will receive the split Jan. 20. The stock will trade on a post-split basis Jan. 21.

Compaq stock closed yesterday at 56.

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