Advertisement

Wynn’s International Declares 3-for-2 Split

Share

The board of Wynn’s International Inc. has declared a 3-for-2 stock split, payable Jan. 5, to shareholders of record Dec. 15. The company, which supplies such products as O-rings, automotive air conditioners and builders’ hardware items, currently has 6,029,477 shares outstanding. After the stock split, the company will have about 9,044,000 shares outstanding.

The board of Wynn’s International also authorized the repurchase of up to $15 million of its common stock over the next 12 to 24 months. Share repurchases will be funded from existing cash, internally generated funds, or through short-term debt.

Advertisement