other material
confidence high
sentiment neutral
materiality 0.40
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.