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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Andy Yamaguchi who wrote (33187)11/15/1999 3:39:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
I wasn't sure whether they had the ceiling to issue a stock split; they do. From the latest 10Q:

The corporation is authorized to issue two classes of shares to
be designated, respectively, "Preferred Stock" and "Common Stock." The
number of shares of Preferred Stock authorized to be issued is One
Million (1,000,000) and the number of shares of Common Stock authorized
to be issued is One Billion One Hundred Million (1,100,000,000). The
stock, whether Preferred Stock or Common Stock, shall have a par value
of $.01 per share.