Directors of Kaufman & Broad declared a...

Directors of Kaufman & Broad declared a 3-for-2 stock split, applicable to common and non-transferrable Class B shares. Distributions will be payable May 12 to shareholders of record April 28. The board also increased the company’s authorization to repurchase common shares to 2.25 million from 1.5 million . . BCI Holdings, a company formed by Kohlberg, Kravis, Roberts & Co., reported that it has completed its merger with Beatrice Cos. . . . National Intergroup says it expects to report a net loss of more than $50 million for the first quarter of 1986 . . . The Bank of Sweden announced that it was lowering the discount rate to 8% from 8.5% to conform with declining international interest rates, effective immediately . . . Di Giorgio Corp. of San Francisco reported that it has signed a $30-million, 10-year loan agreement with Travelers Insurance . . . Pan Am said it has completed the purchase of Ransome Airlines . . . The Investment Company Institute reported that the assets of the nation’s 361 money-market mutual funds rose $1.1 billion in the week ended April 16 . . . Affiliated Publications said its Affiliated Broadcasting unit plans to sell nine radio stations, including KRAK AM-FM in Sacramento and KFYE-FM in Fresno, to an unidentified party . . . The board of directors of Sonoco Products increased the firm’s quarterly dividend to 20 cents per share from 17 cents, payable June 10 to shareholders of record May 16.