Advertisement

Directors of AFG Industries Inc. of Irvine...

Share

Directors of AFG Industries Inc. of Irvine declared a 3-for-2 stock split for all shareholders of record as of March 21. The dividend will be distributed April 11. The action was taken to “increase the liquidity and marketability of AFG’s common stock by increasing the number of shares available for trading,” said R.D. Hubbard, chairman of the glass manufacturer. AFG, which will have more than 14.4 million shares outstanding after the split, said it was approved earlier this week for listing on the New York Stock Exchange and will be listed within the next four weeks.

Advertisement