other material
confidence high
sentiment neutral
materiality 0.50
Meridian Corp declares 2-for-1 stock split; record date March 14, 2023
Meridian Corp
- Two-for-one stock split in form of 100% stock dividend approved by board on Feb 28, 2023.
- Record date: March 14, 2023; distribution after close on March 20, 2023.
- Post-split shares outstanding: 11,405,184 (net of treasury).
- CEO cites strong historical performance and desire to broaden local shareholder base.