Geospace Technologies Corporation Announces 2-for-1 Split of Its Common Stock
Geospace Technologies Corporation (NASDAQ: GEOS) today announced that its Board of Directors has approved a 2-for-1 split of its common stock which will be effected in the form of a 100% stock dividend. On October 18, 2012 each stockholder will receive one additional share of common stock for each outstanding share of common stock held at the close of business on October 15, 2012. Upon conclusion of the split, the Company will have approximately 12.8 million common shares issued and outstanding.
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.