Hologic Inc. (HOLX). The Beford, Mass.-based medical supply company said late Wednesday it has approved a two-for-one stock split, to be effected in the form of a stock dividend.
Subject to stockholder approval, the record date for the stock split will be March 21 and the payment date will be April 2. The proposed stock split will increase the number of shares of common stock outstanding to 255.4 million from 127.7 million.
The stock closed yesterday at $61.80.
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