dividend
confidence high
sentiment neutral
materiality 0.50
Napco Security declares 2-for-1 stock split; authorized shares to 100M
NAPCO SECURITY TECHNOLOGIES, INC
- Board declared 100% stock dividend (2-for-1 split) payable Jan 4, 2022 to holders of record Dec 20, 2021.
- Shares outstanding will double from ~18.4M to ~36.7M post-split.
- Shareholders approved charter amendment to increase authorized common shares from 40M to 100M.
- Directors Paul Beeber, Donna Soloway, and Rick Lazio were elected; Baker Tilly ratified as auditors.