Hologic announces two-for-one stock split

By Jennifer Chiou

New York, Sept. 23 - Hologic, Inc. announced its board authorized a two-for-one stock split on Nov. 16 in the form of a stock dividend.

The split, which will boost the number of shares to 44.2 million from 22.1 million, is conditioned upon shareholder approval for an amendment to the certificate of incorporation, increasing the number of shares Hologic may issue to 90 million from 30 million.

The company said it will seek approval during a special meeting of its stockholders, tentatively scheduled for Nov. 15.

The meeting applies to shareholders of record as of Sept. 30.

If the split is approved, the company said the payment date will be Nov. 30.

Based in Bedford, Mass., Hologic develops and supplies medical imaging systems for the health care needs of women.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.