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


To: Al Cano who wrote (590)5/25/1999 9:12:00 AM
From: X Y Zebra  Read Replies (1) | Respond to of 1390
 
Sch-Splitting this Friday. Could be positive for the Stock. Support at 106 and 100 is next support. Very good outlook for the company. Stock might trade sideways.

Not quite yet.... (but close).

go2net.newsalert.com

News ----Repeat----* From 5-18-99

PR Newswire - May 18, 1999 09:00

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.

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