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California Software OKs 2-for-1 Stock Split

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California Software Corp., a Santa Ana maker of IBM migration products, said Wednesday that its board has approved a 2-for-1 stock split and will file for a listing on the American Stock Exchange in 30 to 40 days. Migration products help older computer systems operate like newer ones.

The stock split, which gives shareholders on record as of March 15 two shares for every one they own, will create a sufficient number of shares outstanding to qualify the company for the American Stock Exchange, the company said.

An AMEX listing would enhance its national exposure, Bruce Acacio, the company’s chief executive, said in a press release.

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