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Non-Tech : Charles Schwab (SCH) -- A tech-stock profile? -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (579)	5/18/1999 9:28:00 AM
From: X Y Zebra	Read Replies (2) \| Respond to of 1390

It is now official..... 2 x 1 split, due July 1st. 1999. Schwab Announces Increase in Authorized Common Stock and Confirms Stock Split PR Newswire, Tuesday, May 18, 1999 at 09:02 SAN FRANCISCO, May 18 /PRNewswire/ -- The Charles Schwab Corporation (NYSE:SCH) announced that its stockholders have approved an amendment to its Certificate of Incorporation increasing the Company's authorized common stock from 500 million to 2 billion shares. As a result of this approval, the Company will proceed with the two-for-one stock split announced on April 22. The stock split will be effected in the form of a 100% stock dividend, payable July 1, 1999 to stockholders of record June 1, 1999. This is the Company's seventh stock split since becoming a public company in 1987. The Charles Schwab Corporation, through its principal operating subsidiary, Charles Schwab & Co., Inc. (member SIPC/NYSE), is one of the nation's largest financial services firms, serving 6.1 million active accounts with $564 billion in customer assets through 302 branch offices, four regional customer telephone service centers and automated telephonic and online channels. SOURCE Charles Schwab Corporation -0- 05/18/99 /CONTACT: media, Tracey Gordon, 415-636-5454, or investors/analysts, Rich Fowler, 415-636-9869, both of Charles Schwab Corporation/ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 154881/