Quiksilver Board OKs 2-for-1 Stock Split
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On the heels of a strong year and an even stronger first quarter, sports apparel maker Quiksilver Inc. said its board had approved a 2-for-1 stock split.
“We believe this will increase the liquidity of our shares and attract new investors,” Chief Executive Robert B. McKnight Jr. said during a shareholders’ meeting at the firm’s Huntington Beach headquarters. It is the third stock split for Quiksilver since it went public in 1986.
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