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Technology Stocks : IBM
IBM 305.67+2.6%Jan 16 9:30 AM EST
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To: James Young who wrote (4747)3/5/1999 8:04:00 AM
From: Dorine Essey  Read Replies (1) of 8220
 
On January 26, the IBM Board of Directors declared a regular quarterly cash
dividend of $.22 per common share, payable March 10, 1999 to stockholders
of record on February 10, 1999. The Board also declared a two-for-one
common stock split, subject to approval of stockholders of an increase in the
number of authorized common shares to 4.6875 billion.

The record date for the stock split is currently expected to be on May 10,
1999, with distribution of the split shares to follow on or about May 26, 1999.

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