other material
confidence high
sentiment positive
materiality 0.65
Copart announces 2-for-1 stock split, record date Aug 14, distribution Aug 21
COPART INC
- Board approved 2-for-1 stock split effected as a stock dividend.
- Stockholders of record on Aug 14, 2023 receive one additional share per share owned.
- Additional shares distributed after close of trading on Aug 21, 2023.
- Outstanding shares to increase from ~480M to ~960M.
- Adjustments to be made to equity awards and share repurchase program.