Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Johnny Canuck who wrote (769)	1/13/2000 5:18:00 PM
From: Howard Bennett	Read Replies (1) \| Respond to of 1944

ADC sets 2-for-1 stock split MINNEAPOLIS, Jan 13 (Reuters) - ADC Telecommunications Inc. (NasdaqNM:ADCT - news) said on Thursday its board of directors set a two-for-one split of its common stock in the form of a 100 percent dividend. The new shares will be distributed on February 15, 2000, to shareowners of record as of the close of business on January 25, 2000, the company said. In connection with the stock split, the board authorized an increase in the number of common shares to 600 million from 300 million. An amendment to ADC's Restated Articles of Incorporation to increase the authorized shares of common stock from 300 million shares to 600 million shares. (Stock has been trading in the after hours around $75)