Fortinet proposes 5-for-1 forward stock split, seeking shareholder approval at 2022 Annual Meeting

Fortinet, Inc.

Company filed preliminary proxy on April 22, 2022 requesting vote on Charter Amendment to increase authorized shares and implement a 5:1 forward stock split.
Stock split contingent on shareholder approval at the 2022 Annual Meeting; record date and meeting date to be set in definitive proxy.
Proposal aims to adjust share price and liquidity; no change in proportional ownership.

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