Business Services Industry
Spa Faucet board approves 3-for-1 split
Business Wire, Sept 20, 1996
CHATSWORTH, Calif.--(BUSINESS WIRE)--Sept. 20, 1996--Spa Faucet Inc. (NASDAQ OTC: DRIP) announced today the approval by its board of directors a 3-for-1 stock split.
Leonardo Sudman, Spa's CEO said, "The split will be payable Oct. 31, 1996 to shareholders of record on Oct. 15, 1996. The Spa Faucet Inc. will begin trading at its new price on the 1st of November.
Spa Faucet Inc. is one of the fastest growing and profitable decorative faucet manufacturers in the country. The companies main clientele are Home Depot, Lowes, Payless Cashways and Home Base.
CONTACT: Spa Faucet Inc.
Leonardo Sudman, 818/718-9305
COPYRIGHT 1996 Business Wire
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