other material
confidence high
sentiment neutral
materiality 0.55
Deckers Brands announces 6-for-1 stock split, seeks shareholder approval at Sept 9 annual meeting
DECKERS OUTDOOR CORP
- Board approved six-for-one forward stock split; authorized share count for common stock to rise from 125M to 750M.
- Stock split subject to stockholder approval at annual meeting on Sept 9, 2024; record date for split is Sept 6, 2024.
- Trading on post-split adjusted basis expected to begin Sept 17, 2024, subject to NYSE approval.
- CEO Dave Powers says stock split aims to make shares more affordable to broader investor base and increase liquidity.