Photonics Spectra BioPhotonics Vision Spectra Photonics Showcase Photonics Buyers' Guide Photonics Handbook Photonics Dictionary Newsletters Bookstore
Latest News Latest Products Features All Things Photonics Podcast
Marketplace Supplier Search Product Search Career Center
Webinars Photonics Media Virtual Events Industry Events Calendar
White Papers Videos Contribute an Article Suggest a Webinar Submit a Press Release Subscribe Advertise Become a Member


Cree Splits Stock Two-For-One

DURHAM, N.C., Nov. 2 -- Cree Inc., developer of semiconductor materials and devices based on silicon carbide, gallium nitride and related compounds, has issued a two-for-one stock split that will increase the number of shares of common stock outstanding to nearly 71.4 million. The proposed stock split received approval from Cree's board of directors and will be recorded on Dec. 1, 2000. Certificates representing the additional shares will be distributed on or about Dec. 8. The Company expects its common stock to begin trading on a post-split basis on Dec. 11. Shareholders on record at the close of business on Dec. 1 will be issued a certificate representing one additional share of common stock for each share of common stock then held. The stock split will be implemented through an amendment of the articles of incorporation not requiring shareholder approval.

Explore related content from Photonics Media




LATEST NEWS

Terms & Conditions Privacy Policy About Us Contact Us

©2024 Photonics Media