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Technology Stocks : PRI Automation up 30%
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To: MRO0054 who wrote (158)3/4/1997 10:52:00 AM
From: JakeStraw   of 193
 
Pri Automation Inc sets 2-for-1 stock split

BILLERICA, Mass., March 4 (Reuter) - PRI Automation Inc said its board has approved a
two-for-one split of its common stock, subject to approval of an increase in its authorized common
stock by shareholders at a special meeting on April 22.

The split will be effected by the distribution of a 100-percent stock dividend on May 3, to
shareholders of record April 22, PRI said.

It said the shareholders' action would increase the number of shares of authorized common stock
to 24 million from 12 million PRI currently has about 7.8 million shares issued and outstanding.
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