Truckload carrier Werner Enterprises announced Tuesday its Board of Directors has declared a four for three split of the company's common stock in the form of a 33.3% stock dividend.
The company says the stock dividend will be payable on or about March 14 to stockholders of record at the close of business on Feb. 25. Based on the number of diluted shares at Dec. 31, 2001, Werner’s diluted shares will increase from approximately 49 million to approximately 65 million.
The company says the stock dividend will be payable on or about March 14 to stockholders of record at the close of business on Feb. 25. Based on the number of diluted shares at Dec. 31, 2001, Werner’s diluted shares will increase from approximately 49 million to approximately 65 million.
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