American Commercial Lines Inc. Announces 4-for-1 Split of Common Stock
July 19 2005 - 4:06PM
PR Newswire (US)
American Commercial Lines Inc. Announces 4-for-1 Split of Common
Stock JEFFERSONVILLE, Ind., July 19 /PRNewswire-FirstCall/ --
American Commercial Lines Inc. ("Company" or "ACL") (Pink Sheets:
ACOM) announced that its Board of Directors declared today a
4-for-1 stock split with respect to its common stock to be
distributed in the form of a stock dividend. Record holders of
ACL's common stock as of the close of business on August 1, 2005
will be entitled to 3 additional shares of common stock for each
share of common stock held at that time. The new shares will be
distributed on August 15, 2005. After the split, ACL will have
approximately 23,185,644 shares of common stock outstanding.
American Commercial Lines Inc., headquartered in Jeffersonville,
Indiana is an integrated marine transportation, manufacturing and
service company operating in the United States Jones Act trades,
with revenues of more than $600 million and approximately 2,600
employees. For more information about ACL generally, visit
http://www.aclines.com/ . DATASOURCE: American Commercial Lines
Inc. CONTACT: Christopher Black, SVP and CFO of American Commercial
Lines Inc., +1-812-288-1836 Web site: http://www.aclines.com/
Copyright