GM declared a split on its Class E common stock.

The company declared a 2-for-1 stock split in the form of a 100% dividend on the Class E common, the special stock created last fall after GM’s $2.5-billion acquisition of Electronic Data Systems of Dallas. The stock is tied to EDS’ performance. General Motors also declared a dividend of 5 cents per share on all outstanding Class E shares, including new ones. Both Class E dividends are payable June 10 to shareholders of record May 16. The moves will bring EDS outstanding shares to 64 million.