logo
Share SHARE
FONT-SIZE Plus   Neg

Trimble Announces 2-for-1 Stock Split

Trimble Navigation Ltd. (TRMB) said Monday that its Board of Directors approved a two-for-one split of all outstanding shares of the company's Common stock.

The record date for the stock split is expected to be Mar. 6, with new shares expected to be distributed on or about Mar. 20.

Each shareholder of record on the close of business on the record date will receive one additional share of common stock for each share held.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions. Oil company Exxon Mobil Corp. on Friday reported a 63 percent fall in profit for the first quarter from last year, while Chevron Corp. reported a loss for the quarter, both on lower revenues. The results were impacted by the fall in crude oil prices and weaker refining margins. However, Exxon Mobil's earnings beat analysts' estimates, while Chevron's loss was wider than their expectations.
comments powered by Disqus
Follow RTT