Neogen Corp. (NEOG) announced that its Board of Directors has approved a 3-for-2 stock split. The company said, with the split, shareholders of record on Nov. 30, 2009, will receive one additional share of stock for each two shares held.
The stock split will be effected in the form of a stock dividend that will be paid in newly issued common stock on Dec. 15, 2009.
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