Pixar Announces Two-for-One Stock Split
March 23 2005 - 4:10PM
PR Newswire (US)
Pixar Announces Two-for-One Stock Split EMERYVILLE, Calif., March
23 /PRNewswire-FirstCall/ -- Pixar Animation Studios (NASDAQ:PIXR)
today announced that its Board of Directors has approved a
two-for-one split of the company's common stock and a proportional
increase in the number of Pixar common shares authorized from 100
million to 200 million. Shareholders of record at the close of
trading on April 4, 2005 will receive one additional share of Pixar
for every outstanding share held on the record date. Trading will
begin on a split-adjusted basis on April 19, 2005. About Pixar
Animation Studios Pixar Animation Studios
(NASDAQ:PIXRNASDAQ:http://www.pixar.com) combines creative and
technical artistry to create original stories in the medium of
computer animation. Pixar has created six of the most successful
and beloved animated films of all time: Toy Story, A Bug's Life,
Toy Story 2, Monsters, Inc., Finding Nemo and The Incredibles.
Pixar has won 18 Academy Awards(R) and its six films have grossed
more than $3.2 billion at the worldwide box office to date. The
Northern California studio will release its next film, Cars, on
June 9, 2006. DATASOURCE: Pixar Animation Studios CONTACT: Nils
Erdmann, Investor Relations, Pixar Animation Studios,
+1-510-752-3374 Web site: http://www.pixar.com/
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