Welcome Back. Stock split news.
Andrew To Split Stock Three For Two
PR Newswire, Tuesday, February 11, 1997 at 12:36
ORLAND PARK, Ill., Feb. 11 /PRNewswire/ -- Andrew Corporation
(Nasdaq: ANDW) will split its common stock, 3 shares for 2 on Tuesday, March
11, 1997 for holders of record on Tuesday, February 25, 1997.
Floyd L. English, chairman, president and chief executive officer, made
the announcement at Andrew Corporation's annual meeting of stockholders held
in Oakbrook Terrace today.
"We're very happy to be able to split the stock for the fifth year in a
row. The split reflects the continued strong investor interest in Andrew
Corporation. This action by the board of directors will substantially
increase the number of shares of Andrew common stock available in the the
marketplace," Dr. English said.
The company had 60,606,000 shares of common stock outstanding on
Dec. 31, 1996. |
