other material
confidence high
sentiment neutral
materiality 0.50
Cintas completes 4-for-1 forward stock split effective Sept 11, 2024
CINTAS CORP
- Every one share of common stock split into four shares; par value unchanged.
- Outstanding shares increase from ~100.8M to ~403.3M; authorized shares rise to 1.7B.
- No fractional shares issued; shareholder approval not required for the amendment.
- Board approved amendment to Restated Articles of Incorporation effective 5:00 p.m. ET on Sept 11, 2024.