SI
SI
discoversearch

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.
Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: manny t who wrote (6844)1/28/1999 1:32:00 PM
From: Mick Mørmøny  Respond to of 9523
 
Pfizer Board Plans to Vote on Stock Split in April

NEW YORK, Jan. 28 /PRNewswire/ -- Pfizer Inc (NYSE: PFE - news) today announced that barring unusual circumstances, its Board of Directors will vote on a three-for-one split of Pfizer common stock in the form of a stock dividend on April 22.

A stock split will require an increase in the number of authorized Pfizer shares. Shareholders will vote on a proposal to increase the number of authorized shares of Pfizer common stock at the annual meeting on April 22. If shareholders approve such an increase, the board will act on the proposal in a session that follows the annual meeting.

Information about the proposal will be included in a proxy mailing to stockholders scheduled for mid-March.

Pfizer Inc is a global, research-based pharmaceuticals company.

SOURCE: Pfizer Inc




To: manny t who wrote (6844)1/28/1999 3:13:00 PM
From: Anthony Wong  Respond to of 9523
 
manny, I guess Post # 6846 answered your question. It is inconceivable that shareholders won't vote for the increase of the number of authorized shares for the split.

Now we wait for news concerning Tikosyn.

Anthony