RLI announces 2-for-1 stock split, effective Jan 15, 2025

RLI CORP

2-for-1 forward stock split effective 5:00 p.m. ET on January 15, 2025.
Shareholders of record as of Dec 31, 2024 receive one additional share per share.
Authorized common stock increased from 200M to 400M shares.
Split-adjusted trading expected to begin on January 16, 2025.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

RLI CORP: Certificate of Amendment to effect a 2-for-1 forward stock split and increase authorized common shares from 200,000,000 to 400,000,000 (effective 2025-01-15).

Change: charter amendment
Effective: 2025-01-15

Exact text from the filing

The Certificate of Amendment, which the Company filed on November 20, 2024, will become effective at 5:00 p.m., Eastern Time, on January 15, 2025

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Source: SEC EDGAR

accession 0000084246-24-000028

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