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Technology Stocks : Celestica -- Ignore unavailable to you. Want to Upgrade?

To: Marc who wrote (228)	12/7/1999 2:30:00 PM
From: MGV	Read Replies (1) \| Respond to of 456

-- DJ Celestica/Stock Split -2: Record Date Is Dec 17 >CLS -- TORONTO (Dow Jones)--Celestica Inc. (CLS) said its board has approved a 2-for-1 stock split on its subordinate voting and multiple voting shares. In a news release, the company said the split will be effected by way of a stock dividend, with shareholders of record on Dec. 17 receiving one new share for each share held. It noted there are no adverse Canadian or U.S. tax consequences to any Celestica shareholder as a result of the stock split. Celestica said its shares will begin trading on a post-split basis at the open Dec. 15 on the Toronto and Montreal stock exchanges. Shares traded on the New York Stock Exchange will begin trading on a "due bill" (i.e. non-split) basis at the open Dec. 15 and on a post-split basis at the open Dec. 22. The electronics manufacturing company said it will have about 184.8 million multiple voting and subordinate voting shares outstanding after the stock split. -Wendy Lampert, Dow Jones Newswires; 416-306-2100 (END) DOW JONES NEWS 12-07-99 10:52 AM- - 10 52 AM EST 12-07-99