Fastenal Company Sets Two-For-One Stock Split
April 18 2019 - 5:44PM
Dow Jones News
By Stephen Nakrosis
Fastenal Company (FAST) on Thursday said its board of directors
approved a two-for-one stock split of the company's outstanding
common stock.
Holders of record at the close of business on May 2 will receive
one additional share of common stock for every share of common
stock they own. The stock split will take effect at the close of
business on May 22, 2019.
Fastenal has 286.16 million shares outstanding, and a public
float of 283.93 million.
The company's shares ended Thursday's trading with a 1.35% gain,
to close at $71.08. Shares are up 35.93% since the start of the
year.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 18, 2019 17:29 ET (21:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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