United Stationers declares 2-for-1 stock split
Office World News, Sep 1998
United Stationers Inc. announced that its board of directors has declared a two-for-one stock split in the form of a 100% stock dividend, payable September 28 to shareholders of record. United will have 36.8 million shares outstanding after the stock dividend.
"This action should help improve the liquidity of the stock," said Fred Hegi, chairman of the board, "and is an indication of our confidence in our ability to profitably grow the business."
United Stationers is North America's largest wholesaler of business products to resellers, with more than 35,000 items available to over 20,000 resellers substantially within 24 hours.
Copyright B U S Publishing Group, Inc. Sep 1998
Provided by ProQuest Information and Learning Company. All rights Reserved
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Most Popular Business Publications
Content provided in partnership with
