- Share Trading on London Stock Exchange Frozen
- Lloyds Investors to Approve Record Rights Issue
- Fannie Mae to Tighten Lending Standards: Report
- China Overcapacity Worsening, EU Chamber Warns
- Investing in Good Karma – and Making a Profit
- China Unveils Carbon Target Ahead of Copenhagen
- Wal-Mart Price Pressure Hurts China Workers: Report
- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Technical glitch halts London stock trading
- China Minsheng bank IPO slides 3 pct in HK debut
- EU charges Philips, others with price-fixing
- Energy agency head praises Obama emissions goal
- Taiwan economy shrinks at slower pace in 3Q
- China announces plan to boost energy efficiency
- Malaysia plans 4 percent sales tax by 2011
- Australian tax office bills TPG for $629 million
- Neb. drops theft charges against auto executives
Neogen's board approves 3-for-2 stock split
Text Size 
LANSING, Mich. - Neogen Corp., which makes test kits for food and animal safety, said Monday its board approved a 3-for-2 stock split.
Shareholders of record on Nov. 30 will receive one additional share of stock for each two shares held.
The stock split will be paid as a stock dividend on Dec. 15. As of Monday, Neogen has 15 million shares outstanding. After the stock split, the company will have 22.5 million shares outstanding.
Shares of the company rose $1.29, or 4.2 percent, to $32.35 in morning trading. The stock has ranged from $16.50 to $33.80 over the past year.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Print
Email
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.
- How can you get out of debt and back on the road to recovery? Follow these ten steps.
Data is a real-time snapshot *Data is delayed at least 15 minutes