Distribution Solutions Group completes 2-for-1 stock split; authorized shares doubled to 70M

Distribution Solutions Group, Inc.

Stock split effective after market close on Aug 31, 2023; split-adjusted trading begins Sept 1, 2023.
Authorized shares increased from 35M to 70M; par value remains $1.00 per share.
Post-split shares outstanding approximately 46.7M based on Aug 25 record date.
Ticker DSGR and Nasdaq listing unchanged.

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

Distribution Solutions Group, Inc.: Amended and restated certificate of incorporation to implement two-for-one stock split and increase authorized shares from 35,000,000 to 70,000,000 (effective 2023-08-31).

Change: charter amendment
Effective: 2023-08-31

Exact text from the filing

the Board of Directors of the Company unanimously approved an amendment and restatement to the Second A&R Certificate (the “Third A&R Certificate”) in order to implement a two-for-one stock split (the “Stock Split”) of shares of the Company’s common stock, $1.00 par value per share (the “Shares”) was filed after the close of trading on August 31, 2023 and became effective upon acceptance of the filing by the Secretary of State of the State of Delaware on August 31 , 2023

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Distribution Solutions Group, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-226464

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