Jarden Board Approves 3-for-2 Stock Split
Jarden Corporation (NYSE: JAH) today announced that its Board of Directors approved a 3-for-2 stock split of its outstanding shares of common stock. Stockholders of record at the close of business on February 25, 2013 will receive one additional share of Jarden common stock for every two shares of Jarden common stock owned on that date. The additional shares are expected to be distributed on or about March 18, 2013. After giving effect to the split, the Company will have approximately 117.9 million shares of common stock outstanding.
Martin E. Franklin, Executive Chairman, commented, "The stock split announced today reflects the confidence the Board and management have in our business strategy and ability to continue Jarden's positive performance over the long term. Today's stock split represents our fourth since 2002."
About Jarden CorporationJarden Corporation is a leading provider of a diverse range of consumer products with a portfolio of over 100 trusted, quality brands sold globally. Jarden operates in three primary business segments through a number of well recognized brands, including: Outdoor Solutions: Abu Garcia®, Aero®, Berkley®, Campingaz® and Coleman®, ExOfficio®, Fenwick®, Gulp!®, K2®, Marker®, Marmot®, Mitchell®, Penn®, Rawlings®, Shakespeare®, Stearns®, Stren®, Trilene®, Volkl® and