IGT to split its stock 4 for 1

International Game Technology declared a four-for-one stock split to shareholders of record June 18.

The stock will begin trading post-split the day after the distribution date.

The company's board declared a dividend of 7.5 cents on post-split share payable on July 28 to shareholders of record on July 14.

IGT currently has approximately 85.8 million shares outstanding and after the stock split will have approximately 343.2 million shares outstanding.

No fractional shares will be issued.

Comments

Use the comment form below to begin a discussion about this content.

Sign in to comment